SBF continues to futilely seek a pardon, but the White House has made it clear that Trump has no intention of granting him one.

BlockBeats News, February 25 — FTX founder SBF posted a message and tagged Trump, stating, “The Cryptocurrency Market Structure Act (also known as the CLARITY Act) will be a significant milestone in the history of cryptocurrency development and a major achievement of President Trump.” “I once actively promoted a similar bill aimed at freeing cryptocurrencies from the control of SEC Chair Gary Gensler, but Gensler instead helped Biden’s Department of Justice send me to prison.”

Imprisoned SBF is now launching a futile effort to seek a presidential pardon. Trump pardoned SBF’s cellmate, former Honduran President Juan Orlando Hernández, on December 2 last year. Since then, SBF has frequently tweeted in support of Trump’s policies, trying to curry favor and seek clemency or reduced sentence. In fact, SBF’s family has been openly lobbying Trump since early 2025 and actively arranging meetings with his allies. However, a White House spokesperson earlier today clearly stated that Trump has no intention of pardoning SBF.

BlockBeats Note: SBF is still in prison. This message was forwarded by a friend who has access to SBF’s account.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Indian Court Rejects Crypto Investors’ Plea for Action Against Bitbns

_Court says private crypto exchanges fall outside writ powers, pushing investors to civil and criminal legal routes._ India’s crypto dispute over Bitbns has taken a decisive legal turn. Delhi High Court declined to intervene in investor complaints seeking a CBI probe and fund recovery. Judges

LiveBTCNews59m ago

South Africa plans to revise regulations to include crypto assets in the capital flow management framework

South Africa's Finance Minister announced the inclusion of crypto assets in the "Currency and Exchange Act," improving cross-border capital regulation, responding to court rulings, and strengthening anti-money laundering measures. This ends the ambiguity in foreign exchange regulation and provides a legal basis for residents to participate in the global crypto market.

GateNewsBot1h ago

What signals did the US SEC send behind the new 2% discount regulation for stablecoins?

The U.S. Securities and Exchange Commission (SEC) issued guidance on payment stablecoins on February 19, allowing broker-dealers to treat stablecoins with a 2% discount when calculating net capital, thereby giving them a legitimate status in capital calculations. This adjustment helps to integrate stablecoins into the mainstream financial system and promotes digital asset trading and services. Peirce's statement and the GENIUS Act could potentially change the market landscape, although federal and state frictions still exist. Nonetheless, this move paves the way for regulatory integration of stablecoins.

区块客3h ago

UK FCA selects Revolut and three other companies to enter the regulatory sandbox for stablecoin innovation

The UK Financial Conduct Authority (FCA) has selected four companies to enter its regulatory sandbox to test innovative stablecoin services, focusing on applications such as stablecoin issuance and payments. The testing will begin in 2026, and the results will influence future regulatory rules.

GateNewsBot3h ago

Caixin: Chinese victims of the 60,000 Bitcoin money laundering case need to provide additional financial details by June 18.

The case of 60,000 Bitcoin money laundering will hold a hearing in July, and applicants are required to provide financial details before 2026. The hearing will determine whether Chinese law or UK law applies, affecting victims' rights to compensation.

GateNewsBot5h ago

South Korea plans to implement mandatory asset disclosure for influencers in the crypto sector

South Korean lawmaker Kim Seung-won proposed amending the law to require cryptocurrency investment advisors on social media to disclose personal assets and compensation in order to improve market transparency and combat misleading information and self-dealing. This move aims to protect investors' rights.

GateNewsBot6h ago
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)