The President of the United States, Donald Trump, is not going to pardon Sam "SBF" Bankman-Fried, who is serving a 25-year prison sentence due to the fallout from the FTX collapse, that cryptocurrency company.

In a conversation he had with The New York Times on Thursday, Trump spoke plainly: he has no intention of pardoning Bankman-Fried or other individuals, such as music producer Sean Combs and former New Jersey Senator Robert Menendez. SBF has been in jail since August 2023, when a federal judge revoked his bail prior to his trial.

In the same interview, Trump also responded to those talking about conflicts of interest with the crypto world. He and his family have ties to the Bitcoin mining company called American Bitcoin, the stablecoin platform USD1, World Liberty Financial, and even his own memecoin, Official Trump TRUMP, which is worth around R$ 29.02.

Trump said: 'I won many votes because I supported crypto, and I ended up getting quite fond of the whole thing.'

SBF was convicted in March 2024, receiving a 25-year prison sentence after being found guilty on seven counts of misusing FTX clients' funds. Other executives, such as Caroline Ellison, who was from Alameda Research, and Ryan Salame, former co-CEO of FTX Digital Markets, received much lighter sentences because they reached agreements with prosecutors.

Since his conviction, rumors have circulated that SBF attempted to request a presidential pardon from Trump, claiming he had a 'good relationship' with Republicans and even reaching out to right-wing figures like Tucker Carlson. However, the Polymarket betting platform gives only a 6% chance that Trump will pardon him by 2027.

Trump has already pardoned other figures from the crypto world. Right at the beginning of his term, in January, he granted a pardon to Ross Ulbricht, the founder of Silk Road. In October, he also pardoned Changpeng 'CZ' Zhao, former CEO of Binance, who had served four months in prison. Afterwards, Trump even said he didn't really know who CZ was.

Even without hope of pardon, SBF is still trying to maneuver through the justice system. In November, the U.S. Court of Appeals heard arguments from his lawyers, who are appealing the conviction. To date, no decision has been made, but if he loses, the final recourse will be to appeal to the Supreme Court.

Caroline Ellison, who received a two-year sentence, is almost getting out. She is scheduled to be released on January 21. In October, she was transferred from the prison in Danbury, Connecticut, to a reentry center in New York, preparing to return to life outside of prison.