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Trump Grants Clemency To 11 People On Eve Of Independence Day, SBF Left Off List
President Donald Trump signed a new clemency order on July 3, pardoning 11 individuals just ahead of Independence Day celebrations. Sam Bankman Fried, the FTX founder and one of the most closely watched potential pardon candidates in the crypto world, did not appear on the released list.

President Donald Trump signed a new clemency order on July 3, pardoning 11 individuals just ahead of Independence Day celebrations. Sam Bankman Fried, the FTX founder and one of the most closely watched potential pardon candidates in the crypto world, did not appear on the released list.
Nine Pardons Tied To Vehicle Emissions Violations
Most of those pardoned, nine people in total, were connected to Clean Air Act violations involving disabled vehicle emissions systems or the sale of devices used to bypass those systems. Trump described them as victims of “persecution by the Biden administration,” saying on social media that they had been jailed or faced prison time simply for “fixing their car.” He added, “I am setting them all free right now.” The list also included a former business associate of lobbyist Jack Abramoff.
Bigger Pardon Plans Still Pending
The announcement lands on July 4, as the country marks its 250th anniversary and Trump attends related events nationwide. The White House has floated the idea of a larger, 250-person pardon tied to the anniversary, though that plan hasn’t been finalized. Markets and observers are watching closely for any further remarks from Trump today.
A Centralized, Personal Clemency Process
Pardons under this administration move through a small team, White House Special Counsel David Warrington, Chief of Staff Susie Wiles and Pardon Prosecutor Ed Martin, before reaching Trump for a final decision. Analysts note Trump has taken an unusually direct role in clemency decisions, often favoring allies and politically aligned figures throughout his second term.
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Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.
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About the author

8+ years covering crypto markets, macro, and geopolitics. Previously at Decrypt and CoinDesk. Focused on the intersection of digital assets and traditional finance.


