2026-01-09 04:25:13

Trump recently stated in an interview that he would not consider granting a pardon to FTX founder. After this news broke, the industry responded strongly—after all, earlier there were musicians who submitted pardon requests to Trump, only to be turned down.

Interestingly, over the past two years, Trump has indeed used his pardon power on some political allies or those who support the idea that "justice is politicized," and his attitude seems quite flexible. But clearly, he has drawn a line when it comes to the FTX founder. This suggests that for those in the crypto circle hoping to turn the tide through political means, judicial penalties might be the final outcome. For the market, this also clearly indicates the authorities' stance on the chaos in the cryptocurrency industry—they won't be lenient just because of industry status.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

19 Likes

Reward
19
10
Repost
Share

Comment

0/400

ConsensusDissenter

· 01-12 04:25

Oh no, SBF is really out of the game now, even Trump has put a period on it. --- As expected, you have to rely on yourself; political rescue routes are completely blocked. --- It's quite interesting, the pardon power is used skillfully, just not giving face to the crypto circle, this is about establishing authority. --- So the crypto industry is just a basket, everything gets thrown in, and in the end, someone has to cover the losses. No wonder politicians see it as a stepping stone. --- Once the red line is drawn, it's over. It seems Web3 really doesn't get any special treatment in politics.

View OriginalReply0

Deconstructionist

· 01-10 02:23

I'm completely disillusioned now. No matter how much SBF spends on PR, he can't save himself.

View OriginalReply0

ForumLurker

· 01-09 22:01

So this is to serve as a warning by killing the chicken to scare the monkey; the crypto circle is being watched closely.

View OriginalReply0

MemeCurator

· 01-09 04:55

Haha, Trump's move this time is also incredible. Being soft on allies and tough on the crypto world.

View OriginalReply0

Degen4Breakfast

· 01-09 04:46

Well, it seems like there's really no hope now. The days of the crypto circle trying to turn things around through political connections might be over. --- SBF's case, Trump is still dead set on it, really unexpected. --- Haha, it's hilarious. It's just that they don't hold back against crypto people. --- So, political pardons are just that, really. If they want to get serious, it depends on the situation. --- This time, it's a direct death sentence. --- But to be fair, I'm also curious about who received those previous pardons. --- The crypto circle has been suppressed this time. How do you all think the market will react? --- Trump still has principles, but these principles are a bit selective haha. --- Judicial penalties are the final outcome, quite definitive. --- It looks like all the backdoors are sealed. Everyone, just serve your sentences honestly.

View OriginalReply0

ImpermanentPhilosopher

· 01-09 04:34

Haha, it seems that the wishful thinking of those in the crypto circle has truly been completely dashed. --- Pardons can be granted to anyone, but not to the crypto circle. That attitude is really quite clear. --- I've said it before, politics is politics; the matter of cutting leeks is another issue. --- He can accept the politicization of the judiciary, but not the politicization of the crypto circle's leek-cutting. It's hilarious. --- SBF is really going to face the full consequences this time, with no B-side options. --- So, the crypto circle is still a hot potato after all. --- Political pardons really depend on personal image; the image of the crypto circle is the problem. --- Even Trump doesn't touch this, indicating that the FTX incident is just a scam story in the eyes of ordinary people. --- Bringing in a musician to plead is useless; this really signals the end of the crypto circle.

View OriginalReply0

AirdropATM

· 01-09 04:33

Haha, now SBF really has no chance. Relying on Trump to turn things around is just overthinking. --- So, this is how justice works for the wealthy—selective enforcement. --- Wait, Trump takes care of political allies, but draws the line at SBF. What's the logic behind this? --- Laughing to death, FTX has truly become the scapegoat. Who in the crypto circle will dare to be so reckless in the future? --- Poor thing, even after silencing so many celebrities, it's still beyond rescue. --- So, pardon power is basically a political bargaining chip—depends on whether you're worth that price. --- No way, no way, does anyone still fantasize about turning the tide through politics? See you in court, brother.

View OriginalReply0

alpha_leaker

· 01-09 04:30

Ha, Trump still has some bottom line, didn't expect that --- Back to this again? Playing the pardon power so skillfully, but FTX can't get through, says it all --- People in the crypto circle are still dreaming, the judiciary is definitely firm on this --- Interesting, when have politicians ever been so firm on a certain issue... --- Alright, SBF still has to go in, no one can save him --- So it's all about votes, the crypto circle is being used as cannon fodder --- Now I understand, not all pardons can be granted, it depends on popularity and public opinion --- Quite ironic, using the pardon power as a bargaining chip, but when it comes to FTX, they back down --- Crypto circle should give up now, there are no backdoors in front of the law

View OriginalReply0

MetaMisfit

· 01-09 04:30

Haha, SBF really has no chance this time. Even Trump won't give him face. --- It's the same old story. Political allies can pardon crypto people, but double standards are becoming more obvious. --- Basically, it's because FTX's reputation is too bad. Once it collapses, there's no hope for a comeback. --- It seems offending ordinary people has more serious consequences than offending the powerful... --- The crypto circle really needs to learn a lesson this time. Get the money out first before doing anything else. --- This time, Trump is standing firm. No wonder he's a businessman. --- Laughing to death. Still hoping for political redemption? Better think about how to reduce your sentence.

View OriginalReply0