This topic sounds like an encrypted version of "House of Cards"! FTX's "explosive" Sam Bankman-Fried (SBF) was sentenced to 25 years, with a bunch of charges ranging from telecom fraud to Money Laundering. The crypto circle and media were in an uproar back then, and now he's still in prison. Getting out? Theoretically, the presidential pardon power in the U.S. does exist, and Trump was indeed pretty friendly towards the crypto world after taking office—like how he pardoned Silk Road's Ross Ulbricht right away and even held a Crypto Summit at the White House. SBF's parents and legal team have also been busy; reports say they lobbied in Trump's circle, found well-connected lawyers, and even SBF himself posted from prison (don't ask me how), appeared on Tucker Carlson's show, and publicly praised... oh no, I mean complimented Trump and Musk, trying to clear his name.

But to be honest, I think the likelihood is low. Currently, the prediction market gives his pardon probability only in single digits (around 3-5%), and mainstream analysis also says this is a "long shot." The crypto community harbors deep resentment towards SBF—FTX's collapse hurt too many people, and pardoning him might cost Trump points, affecting his credibility in the industry. There's a lot of buzz on social media about "heavy lobbying," but there's no solid evidence, and the White House hasn't made a move. Elon Musk earlier also complained, saying that pardoning SBF would come at a "huge cost."

As for Trump's son Eric (right, he is indeed trading cryptocurrencies and quite aggressively, with the family's NFTs and encryption projects taking off), will he team up with SB for a "strong alliance" to reap another wave in the global market? This sounds like a conspiracy theory blockbuster, but realistically: the Trump family does love encryption, but SB has ties to the Democratic Party's big donors (having donated over a hundred million to the Biden camp), and he could turn on them too quickly; Trump might not be on board. Not to mention the "reaping again"—even if SB gets out of prison, he still has to appeal and repay, and most FTX victims have already recovered their principal; does he want to make a comeback? The encryption market is currently in a bull market, and players are not welcoming this "old scammer" back to stir the waters.

Overall, the chances of getting out of prison are slim, and joint harvesting seems more like science fiction. Trump may continue to promote encryption policies, but pardon SB? Unless there is a black swan event, I bet he won't take the risk. Stay vigilant, don't forget risk management while trading coins, and don't let the "explosion head" stories replay.

#SBF #FTX $FTT