White House: No plans to pardon Sam Bankman-Fried

The White House has officially confirmed that, at this time, there are no plans for President Donald Trump to pardon Sam Bankman-Fried, despite the former FTX CEO’s increased activity on social media and apparent attempts to re-enter the public conversation.

The news comes at a moment when the crypto community is once again forced to revisit one of the most painful episodes in the industry’s history – the collapse of FTX and the domino effect that followed.

Why is the topic relevant again?

In recent weeks, Bankman-Fried has intensified his online communication, triggering speculation about a possible attempt to seek political backing or a future pardon. Washington’s response, however, is clear: such a move is not on the agenda.

This is an important signal – not so much because of SBF as an individual, but because of the message it sends to the market.

What does this mean for the crypto sector?

The FTX case remains one of the most severe blows to trust in centralized exchanges. Billions of dollars vanished, investors suffered heavy losses, and regulatory pressure intensified globally.

Today, as the market gradually regains momentum, news like this serves as a reminder:

- regulation will not weaken

- political risk remains a factor

- trust takes years to build, but days to lose

The bigger picture

The crypto market in 2026 looks fundamentally different from 2021–2022. Institutional players are far more active, regulation in the U.S. and Europe is becoming clearer, and users are much more sensitive to risk. The Sam Bankman-Fried case is a reminder that:

- the “faces” of the industry are not the same as the technology itself

- transparency and verifiable reserves are no longer optional, but a standard

What matters for Bulgarian investors?

For users in Bulgaria, this is yet another reason to carefully choose where and how they hold their funds.

The market moves forward.
Technology evolves.
But the lessons of FTX will not be forgotten easily.

That is precisely why we created our Altcoins Guarantee – an additional layer of security for our clients, clearly defining our responsibility and the way we protect their funds. In an environment where global platforms collapsed within days, we believe that transparent rules and a clear commitment to clients are not marketing promises, but standards that must be upheld every day.

The crypto industry is maturing.

And maturity always comes through difficult moments.