White House rejects pardon for FTX’s Sam Bankman-Fried

President Trump will not pardon Sam Bankman-Fried, despite his pro-Trump stance and campaign. SBF remains imprisoned for FTX-related fraud and money laundering.

The White House has officially stated that President Donald Trump will not grant a pardon to Sam Bankman-Fried, the former CEO of the collapsed FTX cryptocurrency exchange. Despite Bankman-Fried’s recent public support for Trump and a social media campaign seeking clemency, the administration has made it clear that a pardon is not being considered. Bankman-Fried is currently serving a 25-year sentence for multiple counts of fraud and money laundering. He previously claimed he was targeted for his political donations and tried to appeal to Trump by criticizing his trial and expressing support for the former president. White House officials have confirmed that Trump’s decision is final, even though he has pardoned other figures in the crypto sector. This stance, reaffirmed in early 2026, sends a strong message of accountability within the digital asset industry.