BEARISH 📉 : White House confirms no pardon for Sam Bankman-Fried

Key Points on Sam Bankman-Fried's Clemency Efforts:

The White House confirmed President Trump has no intention of pardoning former FTX CEO Sam Bankman-Fried, despite his social media campaign for clemency.
Bankman-Fried is serving a 25-year sentence for wire fraud and money laundering at the Metropolitan Detention Center in Brooklyn.
His recent posts on X criticize the judicial process and align with Trump's economic policies, contrasting with his past support for Democrats.
Despite his $5.2 million donation to Biden's 2020 campaign, the White House remains firm on rejecting pardon requests for financial crimes involving customer fund misappropriation.
Other crypto figures like Binance's Changpeng Zhao have received pardons, but direct theft cases remain non-negotiable.
This stance reflects a broader global tightening on financial crime enforcement, as seen in South Korea's recent sentencing of a crypto executive.