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Congress sent a crystal-clear, unanimous message to the White House: Keep Sam Bankman-Fried locked up. The U.S. Senate passed S. Res. 772 by unanimous consent, formally declaring that the FTX founder should "under no circumstances" receive a presidential pardon or commutation. The move was spearheaded by cryptoโ€™s biggest ally in DC, Sen. Cynthia Lummis, alongside Sen. Ruben Gallego, ensuring SBF cannot use the crypto industry as political leverage. While the non-binding resolution carries no official legal force, prediction markets got the message instantly: the odds of a Trump pardon for SBF by July 31 on Polymarket have cratered to under 1%. $FTT #SBF
Congress sent a crystal-clear, unanimous message to the White House: Keep Sam Bankman-Fried locked up.

The U.S. Senate passed S. Res. 772 by unanimous consent, formally declaring that the FTX founder should "under no circumstances" receive a presidential pardon or commutation.

The move was spearheaded by cryptoโ€™s biggest ally in DC, Sen. Cynthia Lummis, alongside Sen. Ruben Gallego, ensuring SBF cannot use the crypto industry as political leverage.

While the non-binding resolution carries no official legal force, prediction markets got the message instantly: the odds of a Trump pardon for SBF by July 31 on Polymarket have cratered to under 1%.

$FTT #SBF
Square-Creator-53a79a2a7aa965db2a03:
๐Ÿ‡ช๐Ÿ‡ธโšฝ **SPAIN IS STILL IN THE RACE!** The World Cup is entering its biggest stage, and all eyes are on Spain. ๐Ÿ‘€ As football excitement grows, many crypto traders are keeping **SNFT** on their watchlists for increased attention and trading activity. ๐Ÿ”ฅ Quarterfinals. ๐Ÿ”ฅ Semifinals. ๐Ÿ”ฅ One step closer to history. Will football hype translate into stronger interest in SNFT? ๐Ÿ“Š Watch the matches. Watch the market. #SNFT #Spain #WorldCup2026 #Crypto #FanToken #Football #Altcoins #Web3 #DYOR
The U.S. Senate has passed a bipartisan resolution opposing any pardon for Sam Bankman-Fried. While it's not legally binding, it sends a strong political message that lawmakers want accountability after the FTX collapse. #Crypto #FTX #SBF #SenatePassesResolutionOpposingSBFPardon
The U.S. Senate has passed a bipartisan resolution opposing any pardon for Sam Bankman-Fried. While it's not legally binding, it sends a strong political message that lawmakers want accountability after the FTX collapse. #Crypto #FTX #SBF #SenatePassesResolutionOpposingSBFPardon
The US government just moved $9.28 million in Ethereum seized from FTX and Alameda Research directly to Coinbase Prime. The government is selling Sam Bankman-Fried's crypto. Not a wallet shuffle. Not an internal transfer. A seized asset wallet emptied directly into Coinbase Prime. The institutional trading desk of the largest US crypto exchange. That is a liquidation setup. When governments move seized crypto to exchange prime desks, the next step is almost always a sale. This is SBF's money. FTX customer funds that were stolen, frozen by federal authorities, and are now being converted back to dollars through the most institutional channel available. The irony here is extraordinary. Sam Bankman-Fried is sitting in federal prison applying for a presidential pardon. His company collapsed in one of the largest financial frauds in history. And the US government is now using Coinbase, the exchange he competed against, to liquidate his remaining digital assets. $9.28 million in ETH is not a market moving number on its own. But government liquidations rarely come in single transactions. The FTX estate holds billions in various digital assets still being processed through bankruptcy proceedings. This move signals the pipeline is active and flowing. Every time a government wallet moves seized crypto to an exchange, the market watches for what comes next. ETH is already down 45% this year. It just started moving toward $1,800 on the Iran peace deal catalyst. Bitcoin dominance is breaking down toward 54% which historically precedes altcoin relief. And the US government just added fresh sell pressure to the exact asset showing the most recovery momentum. Timing is everything in crypto. #Ethereum #ETH #FTX #SBF #CryptoMarket
The US government just moved $9.28 million in Ethereum seized from FTX and Alameda Research directly to Coinbase Prime. The government is selling Sam Bankman-Fried's crypto.
Not a wallet shuffle. Not an internal transfer.
A seized asset wallet emptied directly into Coinbase Prime. The institutional trading desk of the largest US crypto exchange.
That is a liquidation setup.
When governments move seized crypto to exchange prime desks, the next step is almost always a sale. This is SBF's money. FTX customer funds that were stolen, frozen by federal authorities, and are now being converted back to dollars through the most institutional channel available.
The irony here is extraordinary.
Sam Bankman-Fried is sitting in federal prison applying for a presidential pardon. His company collapsed in one of the largest financial frauds in history. And the US government is now using Coinbase, the exchange he competed against, to liquidate his remaining digital assets.
$9.28 million in ETH is not a market moving number on its own.
But government liquidations rarely come in single transactions. The FTX estate holds billions in various digital assets still being processed through bankruptcy proceedings. This move signals the pipeline is active and flowing.
Every time a government wallet moves seized crypto to an exchange, the market watches for what comes next.
ETH is already down 45% this year. It just started moving toward $1,800 on the Iran peace deal catalyst. Bitcoin dominance is breaking down toward 54% which historically precedes altcoin relief.
And the US government just added fresh sell pressure to the exact asset showing the most recovery momentum.
Timing is everything in crypto.
#Ethereum #ETH #FTX #SBF #CryptoMarket
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SHOCKWAVES! The U.S. Senate just unanimously shot down Sam Bankman-Fried's clemency bid! This is HUGE for the future of crypto regulation and investor confidence. The pardon request is still technically active but this is a brutal blow. #CryptoNews #SBF #Regulation This historic vote signals a definitive stance against shady dealings and sets a powerful precedent for accountability in the crypto space. Get ready for a market reset! #MarketShift #InvestorSafety Are you positioned for the coming wave of institutional trust? Don't get left behind.
SHOCKWAVES!

The U.S. Senate just unanimously shot down Sam Bankman-Fried's clemency bid! This is HUGE for the future of crypto regulation and investor confidence. The pardon request is still technically active but this is a brutal blow. #CryptoNews #SBF #Regulation

This historic vote signals a definitive stance against shady dealings and sets a powerful precedent for accountability in the crypto space. Get ready for a market reset! #MarketShift #InvestorSafety

Are you positioned for the coming wave of institutional trust? Don't get left behind.
US Senate Passes Unanimous Resolution: FTX Founder Should Not Receive a Presidential Pardon On July 16, according to CoinDesk, the U.S. Senate passed a joint resolution on Wednesday that formally establishes that FTX founder Sam Bankman-Fried (SBF) โ€œunder no circumstancesโ€ should receive a presidential pardon or commutation. The resolution was jointly drafted by Republican Sen. Cynthia Lummis and Democratic Sen. Ruben Gallego. It passed the legislature with unanimous approval, reflecting a rare display of unity between the two U.S. parties. This unopposed resolution directly targets SBFโ€™s alleged conduct, clearly condemning him for masterminding and leading what is described as the largest financial fraud case in U.S. history, and demonstrating Congressโ€™s collective firm opposition to the related financial wrongdoing. In November 2023, a jury found Bankman-Fried guilty on seven counts, including his direct role in causing the collapse of the FTX exchange and leading to losses of more than $8 billion in customer funds. Under the sentence, Bankman-Friedโ€™s total prison term adds up to more than 25 years, with eligibility for release only around 2044. By then, he will be close to his sixties, meaning he would spend nearly his entire adult life behind bars. Notably, although President Trump previously pardoned Binance founder Changpeng Zhao and Silk Road founder Ross Ulbricht, he also said earlier this year in January that there are no plans to grant a pardon to Bankman-Fried at this time. When Sen. Lummis introduced this measure in June, Bankman-Fried was already standing trial in court. Sen. Gallegoโ€™s view was even more succinct and forceful, saying that SBF should be allowed to continue serving his sentence. The collapse of FTX began in November 2022, when the media, after obtaining Alameda Researchโ€™s balance sheet, found that most of the companyโ€™s assets were FTT tokens issued by FTX itself. After the incident was exposed, Binance then announced it would sell its FTT holdings, directly triggering a sharp plunge in the tokenโ€™s price and a customer bank run. Ultimately, on November 11, FTX filed for bankruptcy, and the entire empire collapsed. #SBF
US Senate Passes Unanimous Resolution: FTX Founder Should Not Receive a Presidential Pardon

On July 16, according to CoinDesk, the U.S. Senate passed a joint resolution on Wednesday that formally establishes that FTX founder Sam Bankman-Fried (SBF) โ€œunder no circumstancesโ€ should receive a presidential pardon or commutation.

The resolution was jointly drafted by Republican Sen. Cynthia Lummis and Democratic Sen. Ruben Gallego. It passed the legislature with unanimous approval, reflecting a rare display of unity between the two U.S. parties.

This unopposed resolution directly targets SBFโ€™s alleged conduct, clearly condemning him for masterminding and leading what is described as the largest financial fraud case in U.S. history, and demonstrating Congressโ€™s collective firm opposition to the related financial wrongdoing.

In November 2023, a jury found Bankman-Fried guilty on seven counts, including his direct role in causing the collapse of the FTX exchange and leading to losses of more than $8 billion in customer funds.

Under the sentence, Bankman-Friedโ€™s total prison term adds up to more than 25 years, with eligibility for release only around 2044. By then, he will be close to his sixties, meaning he would spend nearly his entire adult life behind bars.

Notably, although President Trump previously pardoned Binance founder Changpeng Zhao and Silk Road founder Ross Ulbricht, he also said earlier this year in January that there are no plans to grant a pardon to Bankman-Fried at this time.

When Sen. Lummis introduced this measure in June, Bankman-Fried was already standing trial in court. Sen. Gallegoโ€™s view was even more succinct and forceful, saying that SBF should be allowed to continue serving his sentence.

The collapse of FTX began in November 2022, when the media, after obtaining Alameda Researchโ€™s balance sheet, found that most of the companyโ€™s assets were FTT tokens issued by FTX itself.

After the incident was exposed, Binance then announced it would sell its FTT holdings, directly triggering a sharp plunge in the tokenโ€™s price and a customer bank run. Ultimately, on November 11, FTX filed for bankruptcy, and the entire empire collapsed.

#SBF
๐ŸšจIs SBF really completely out of options? What signal does this U.S. Senate vote send?โš–๏ธ If SBF wants to stage a comeback, the difficulty may have increased again.๐Ÿ‘€ According to the latest news, the U.S. Senate passed a resolution opposing a pardon for SBF, once again showing that the U.S. remains firmly tough on the FTX case. Although this resolution doesnโ€™t mean the case is over, nor will it directly change the existing verdict, the market generally believes it means the chances of obtaining a pardon through political channels in the future will be even lower.๐Ÿ“‰ ๐Ÿ’ก Whatโ€™s really worth paying attention to isnโ€™t SBF himself, but the regulatory signal behind him. As the U.S. continues to improve the regulatory framework for the crypto industry, requirements for trading platforms, fund safety, and investor protection will most likely become stricter over time. ๐Ÿ“Œ For the whole industry: ๐Ÿ”น Compliance will become the main theme of future development ๐Ÿ”น Regulatory rules are gradually becoming clearer ๐Ÿ”น The market will enter a new stage of growth Will the SBF incident finally be brought to a close here?๐Ÿค” The answer may still depend on more follow-up updates. ๐Ÿ‘‡ Click on my profile to follow meโ€”every day Iโ€™ll be the first to help you understand global headlines and spot the real signals behind the market!๐Ÿš€ #SBF #senatepassesresolutionopposingsbfpardon
๐ŸšจIs SBF really completely out of options?
What signal does this U.S. Senate vote send?โš–๏ธ

If SBF wants to stage a comeback, the difficulty may have increased again.๐Ÿ‘€
According to the latest news, the U.S. Senate passed a resolution opposing a pardon for SBF, once again showing that the U.S. remains firmly tough on the FTX case.

Although this resolution doesnโ€™t mean the case is over, nor will it directly change the existing verdict, the market generally believes it means the chances of obtaining a pardon through political channels in the future will be even lower.๐Ÿ“‰

๐Ÿ’ก Whatโ€™s really worth paying attention to isnโ€™t SBF himself, but the regulatory signal behind him.
As the U.S. continues to improve the regulatory framework for the crypto industry, requirements for trading platforms, fund safety, and investor protection will most likely become stricter over time.

๐Ÿ“Œ For the whole industry:
๐Ÿ”น Compliance will become the main theme of future development
๐Ÿ”น Regulatory rules are gradually becoming clearer
๐Ÿ”น The market will enter a new stage of growth

Will the SBF incident finally be brought to a close here?๐Ÿค”
The answer may still depend on more follow-up updates.

๐Ÿ‘‡ Click on my profile to follow meโ€”every day Iโ€™ll be the first to help you understand global headlines and spot the real signals behind the market!๐Ÿš€

#SBF
#senatepassesresolutionopposingsbfpardon
US Senate passes resolution opposing pardon for SBF - The US Senate has agreed to pass a resolution opposing a pardon for Sam Bankman-Fried (SBF), the former CEO of FTX. - Market predictions show the likelihood of Trump pardoning SBF before July 31 is under 1%. - This move reflects the US Congressโ€™s tough stance on fraud in the cryptocurrency sector. #BinanceSquare #CryptoNews #SBF #FTX #Regulation $btc $eth vlikevn Titanbot Source: CoinTelegraph
US Senate passes resolution opposing pardon for SBF

- The US Senate has agreed to pass a resolution opposing a pardon for Sam Bankman-Fried (SBF), the former CEO of FTX.
- Market predictions show the likelihood of Trump pardoning SBF before July 31 is under 1%.
- This move reflects the US Congressโ€™s tough stance on fraud in the cryptocurrency sector.

#BinanceSquare #CryptoNews #SBF #FTX #Regulation

$btc $eth

vlikevn Titanbot

Source: CoinTelegraph
$SBF PARDON DENIED โ€” TRUMP GRANTS CLEMENCY TO 11 OTHERS ๐Ÿ”ฅ Trump just signed off on 11 pardons for individuals convicted under the Clean Air Act, calling them victims of political persecution. SBF's name was notably absent from the list โ€” despite being the most high-profile crypto candidate for clemency. The market is watching closely. White House discussions about a potential mass pardon of 250 people during the 250th anniversary are still exploratory, but today's statement could shift sentiment around FTX's recovery token. If SBF remains locked up, the odds of any FTX revival get even thinner. How do you think this will affect $FTT ? Not financial advice. Always manage your risk. #SBF #FTX #Pardon #CryptoNews ๐Ÿ”ฅ
$SBF PARDON DENIED โ€” TRUMP GRANTS CLEMENCY TO 11 OTHERS ๐Ÿ”ฅ

Trump just signed off on 11 pardons for individuals convicted under the Clean Air Act, calling them victims of political persecution. SBF's name was notably absent from the list โ€” despite being the most high-profile crypto candidate for clemency.

The market is watching closely. White House discussions about a potential mass pardon of 250 people during the 250th anniversary are still exploratory, but today's statement could shift sentiment around FTX's recovery token. If SBF remains locked up, the odds of any FTX revival get even thinner.

How do you think this will affect $FTT ?

Not financial advice. Always manage your risk.

#SBF #FTX #Pardon #CryptoNews

๐Ÿ”ฅ
SBF'S PARDON ODDS DROP TO JUST 1% AFTER TRUMP'S STATEMENT ๐ŸŽฏ The White House is considering a massive 250th anniversary presidential pardon, and SBF's name is on the list. But here's the reality check: prediction markets give him only a 1% chance of being pardoned by July 31. Meanwhile, Ryan Salame leads at 54%. SBF's team is still lobbying hard, but the odds are stacked against him. If this pardon doesn't happen, what happens to $FTT ? That token has been dead money since 2022. Any relief rally would likely get sold. Not financial advice. Always manage your risk. #FTT #SBF #Pardon #CryptoNews #PredictionMarkets โšก
SBF'S PARDON ODDS DROP TO JUST 1% AFTER TRUMP'S STATEMENT ๐ŸŽฏ

The White House is considering a massive 250th anniversary presidential pardon, and SBF's name is on the list. But here's the reality check: prediction markets give him only a 1% chance of being pardoned by July 31. Meanwhile, Ryan Salame leads at 54%. SBF's team is still lobbying hard, but the odds are stacked against him.

If this pardon doesn't happen, what happens to $FTT ? That token has been dead money since 2022. Any relief rally would likely get sold.

Not financial advice. Always manage your risk.

#FTT #SBF #Pardon #CryptoNews #PredictionMarkets

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Bullish
๐Ÿšจ SBF Allegedly Plans to Launch a New Token After Getting out of the Slammer ๐Ÿ“ข According to New York Magazine, the former CEO of FTX, Sam Bankman-Fried, mentioned to another inmate that heโ€™s looking to drop a new crypto once heโ€™s out of the clink. #SBF
๐Ÿšจ SBF Allegedly Plans to Launch a New Token After Getting out of the Slammer

๐Ÿ“ข According to New York Magazine, the former CEO of FTX, Sam Bankman-Fried, mentioned to another inmate that heโ€™s looking to drop a new crypto once heโ€™s out of the clink.

#SBF
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BREAKTHROUGH Just when you thought it was safe, SENSATORS Gallego and Lummis have obliterated any chance of a SBF pardon with a scathing bipartisan resolution (#SBF #FTX #Congress). The proof is in the details: they're calling for the chamber to go on record, making a bold statement in opposition to any clemency for Sam Bankman-Fried. This historic move puts the Senate firmly in place against a pardon, and it's the flood has started for SBF's freedom (and maybe his crypto empire too). Now, with this resolution gaining traction, the stakes have never been higher: what does this mean for the future of SBF, FTX, and the already battered crypto space? Will this be the end of SBF's freedom or the beginning of a new chapter? Stay tuned and get ready to watch this story unfold.
BREAKTHROUGH

Just when you thought it was safe, SENSATORS Gallego and Lummis have obliterated any chance of a SBF pardon with a scathing bipartisan resolution (#SBF #FTX #Congress). The proof is in the details: they're calling for the chamber to go on record, making a bold statement in opposition to any clemency for Sam Bankman-Fried. This historic move puts the Senate firmly in place against a pardon, and it's the flood has started for SBF's freedom (and maybe his crypto empire too).

Now, with this resolution gaining traction, the stakes have never been higher: what does this mean for the future of SBF, FTX, and the already battered crypto space? Will this be the end of SBF's freedom or the beginning of a new chapter? Stay tuned and get ready to watch this story unfold.
Sam Bankman-Fried Back in the Game with a New Project? ๐Ÿ˜ณ Few names have made as much of an impact in the crypto space as $Sam Bankman-Fried. Now, discussions are brewing about a potential token tied to his future projects post-incarceration. Regardless of personal opinions, one thing is clear: The market loves a good narrative. And narratives move money. The question is: Have investors learned from past mistakes? Or is the market's memory still short? ๐Ÿ‘€ The debate has already kicked off. #Crypto #SBF #bitcoin #Investing
Sam Bankman-Fried Back in the Game with a New Project?

๐Ÿ˜ณ Few names have made as much of an impact in the crypto space as $Sam Bankman-Fried.

Now, discussions are brewing about a potential token tied to his future projects post-incarceration.

Regardless of personal opinions, one thing is clear:

The market loves a good narrative.

And narratives move money.

The question is:

Have investors learned from past mistakes?

Or is the market's memory still short?

๐Ÿ‘€ The debate has already kicked off.

#Crypto #SBF #bitcoin #Investing
Article
SBF Behind Bars: The Fallen Founder Talks About Life After PrisonNew York Magazine recently shed light on the daily grind of Sam Bankman-Fried (SBF) inside the federal correctional facility in Lompoc, California. Currently serving a 25-year stretch due to the massive FTX fraud, the former billionaire seems to be holding his ground, despite this unprecedented situation. Key takeaways from his daily life: Communication: SBF keeps up regular chats with journalists (1 to 2 times a week) to proclaim his innocence and defend his take on the situation.

SBF Behind Bars: The Fallen Founder Talks About Life After Prison

New York Magazine recently shed light on the daily grind of Sam Bankman-Fried (SBF) inside the federal correctional facility in Lompoc, California. Currently serving a 25-year stretch due to the massive FTX fraud, the former billionaire seems to be holding his ground, despite this unprecedented situation.
Key takeaways from his daily life:
Communication: SBF keeps up regular chats with journalists (1 to 2 times a week) to proclaim his innocence and defend his take on the situation.
Bloomberg reports that FTX founder SBF has officially submitted a presidential pardon request to Trump through the proper channels. He is currently serving a 25-year sentence, and his family has been lobbying for months. However, there's significant pushback: Trump stated back in January that he had no intention of pardoning SBF, and several pro-crypto Republican lawmakers are also against it, citing high political risks. In other words, just because the application is in the pipeline doesn't mean the outcome will shift. For the industry, this feels more like a "crypto regulatory memory" retest: the FTX incident remains one of the most cited cases in U.S. political discussions about crypto risks. #FTX #SBF #crypto-regulation
Bloomberg reports that FTX founder SBF has officially submitted a presidential pardon request to Trump through the proper channels. He is currently serving a 25-year sentence, and his family has been lobbying for months.

However, there's significant pushback: Trump stated back in January that he had no intention of pardoning SBF, and several pro-crypto Republican lawmakers are also against it, citing high political risks. In other words, just because the application is in the pipeline doesn't mean the outcome will shift.

For the industry, this feels more like a "crypto regulatory memory" retest: the FTX incident remains one of the most cited cases in U.S. political discussions about crypto risks. #FTX #SBF #crypto-regulation
Big news! SBF's appeal got wrecked, 25-year sentence upheld. The fall of a crypto giant, greed and violations ultimately lost to the law. The industry is getting reshuffled, and the compliance era has arrived. It's settled! FTX founder SBF's appeal failed, and the verdict remains unchanged. Looking back at the whole saga, it's clear that market regulation is tightening. To survive in this space long-term, compliance is non-negotiable. Final ruling is in: SBF's appeal is completely denied. A global financial circus has come to an end, and it teaches the entire industry a hard lesson: crossing legal lines will ultimately come at a heavy price. #SBF #ftt
Big news! SBF's appeal got wrecked, 25-year sentence upheld. The fall of a crypto giant, greed and violations ultimately lost to the law. The industry is getting reshuffled, and the compliance era has arrived.

It's settled! FTX founder SBF's appeal failed, and the verdict remains unchanged. Looking back at the whole saga, it's clear that market regulation is tightening. To survive in this space long-term, compliance is non-negotiable.

Final ruling is in: SBF's appeal is completely denied. A global financial circus has come to an end, and it teaches the entire industry a hard lesson: crossing legal lines will ultimately come at a heavy price. #SBF #ftt
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๐Ÿšจ PRISON TO PUMP: SBF begs Trump for a pardon, and $FTT just went parabolic! โ€‹While serving his sentence, the disgraced FTX founder officially filed for clemency, instantly triggering a massive 50%+ speculative rally for the ultimate zombie token. Letโ€™s be brutal: $FTT has zero utility and no future, but the market is violently pricing in the wild "what if?" of a presidential lifeline. This isn't a fundamental recovery; it's a high-stakes game of pure narrative gambling driven entirely by headlines. โ€‹Are you riding this insane volatility wave, or is this the most obvious short setup of the year? Let me know below! ๐Ÿ‘‡ โ€‹#FTT #SBF #CryptoNews #BinanceSquare
๐Ÿšจ PRISON TO PUMP: SBF begs Trump for a pardon, and $FTT just went parabolic!

โ€‹While serving his sentence, the disgraced FTX founder officially filed for clemency, instantly triggering a massive 50%+ speculative rally for the ultimate zombie token. Letโ€™s be brutal: $FTT has zero utility and no future, but the market is violently pricing in the wild "what if?" of a presidential lifeline. This isn't a fundamental recovery; it's a high-stakes game of pure narrative gambling driven entirely by headlines.

โ€‹Are you riding this insane volatility wave, or is this the most obvious short setup of the year? Let me know below! ๐Ÿ‘‡

โ€‹#FTT #SBF #CryptoNews #BinanceSquare
Inmate's scoop + White House smacks down, how many more days can FTT's "pardon pump" hold up? After SBF's "pardon pump" surged for two days, today it received two heavy blows. First blow: A fellow inmate comes in for the kill. Michael Avenatti, who shared a cell with SBF, has been posting on X: "I repeatedly urged him to admit his mistakes, but he never listened. He refuses to acknowledge any wrongdoing from start to finish." Avenatti was bluntโ€”"A person who can't even admit their mistakes doesn't deserve a pardon." Second blow: The White House confirms "no plan". The White House spokesperson responded that Trump has no intention of pardoning SBF. Coupled with Trumpโ€™s earlier statement in January, saying there was โ€œno plan to pardon him,โ€ Polymarket data shows that the probability of SBF being pardoned before the end of 2026 is only 8%. FTT has pulled back from a peak of $0.42 to around $0.31, with a drop of over 25%. The news sparked a quick surge, and those chasing highs got caught in a bind as profit-takers hammered down. FTT isnโ€™t a value coin; itโ€™s a political betting โ€œoptions contract.โ€ Now the news is being disproven, and the casino is about to close. A rebound is a selling point. Donโ€™t be greedy for the last penny. #FTT #SBF #ๆถˆๆฏ่ฏไผช
Inmate's scoop + White House smacks down, how many more days can FTT's "pardon pump" hold up?

After SBF's "pardon pump" surged for two days, today it received two heavy blows.

First blow: A fellow inmate comes in for the kill.

Michael Avenatti, who shared a cell with SBF, has been posting on X: "I repeatedly urged him to admit his mistakes, but he never listened. He refuses to acknowledge any wrongdoing from start to finish." Avenatti was bluntโ€”"A person who can't even admit their mistakes doesn't deserve a pardon."

Second blow: The White House confirms "no plan".

The White House spokesperson responded that Trump has no intention of pardoning SBF. Coupled with Trumpโ€™s earlier statement in January, saying there was โ€œno plan to pardon him,โ€ Polymarket data shows that the probability of SBF being pardoned before the end of 2026 is only 8%.

FTT has pulled back from a peak of $0.42 to around $0.31, with a drop of over 25%. The news sparked a quick surge, and those chasing highs got caught in a bind as profit-takers hammered down.

FTT isnโ€™t a value coin; itโ€™s a political betting โ€œoptions contract.โ€ Now the news is being disproven, and the casino is about to close.

A rebound is a selling point. Donโ€™t be greedy for the last penny.

#FTT #SBF #ๆถˆๆฏ่ฏไผช
Bloomberg reports that FTX founder SBF has officially submitted a presidential pardon request to Trump through the proper channels. He is currently serving a 25-year sentence, and his family has been lobbying for months. However, there are significant obstacles: Trump stated back in January that he has no intention of pardoning SBF, and several pro-crypto Republican lawmakers are also against it, citing high political risks. If thereโ€™s a shift in attitude, the market conversation might not just revolve around SBF himself, but rather the boundaries of the U.S. political scene regarding the 'cleaning up' of old cases in the crypto industry. The FTX incident remains a pivotal case for restoring trust in the sector; whether the pardon can go through seems more like a political issue in the short term, but will impact the regulatory narrative in the long run. #FTX #SBF #crypto-regulation
Bloomberg reports that FTX founder SBF has officially submitted a presidential pardon request to Trump through the proper channels. He is currently serving a 25-year sentence, and his family has been lobbying for months.

However, there are significant obstacles: Trump stated back in January that he has no intention of pardoning SBF, and several pro-crypto Republican lawmakers are also against it, citing high political risks. If thereโ€™s a shift in attitude, the market conversation might not just revolve around SBF himself, but rather the boundaries of the U.S. political scene regarding the 'cleaning up' of old cases in the crypto industry.

The FTX incident remains a pivotal case for restoring trust in the sector; whether the pardon can go through seems more like a political issue in the short term, but will impact the regulatory narrative in the long run. #FTX #SBF #crypto-regulation
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