Trump Rules Out Pardon for FTX CEO Sam Bankman-Fried

White House officials have confirmed that U.S. President Donald Trump will not grant a pardon to former FTX CEO Sam Bankman-Fried, despite speculation about his potential for clemency.

This decision was made in line with the president's earlier public remarks, in which he ruled out pardons for several high-profile figures, including Bankman-Fried.

Bankman-Fried is currently serving a 25-year federal prison sentence following his conviction on fraud and conspiracy charges tied to the collapse of FTX, once one of the world's largest cryptocurrency exchanges.

In recent months, Bankman-Fried has attempted to rebrand himself as a critic of the U.S. justice system, echoing arguments commonly associated with Trump and his supporters.