The White House has confirmed that President Donald Trump will not grant a pardon to Sam Bankman-Fried, the convicted founder of the defunct FTX cryptocurrency exchange. This decision, confirmed by a senior administration official, ends speculation about potential clemency for Bankman-Fried, who faces sentencing after being convicted on multiple fraud charges. The denial of a pardon underscores the administration's stance on accountability in financial crimes, particularly within the cryptocurrency sector. This move aligns with recent efforts by the Justice Department to intensify scrutiny of crypto platforms, reinforcing a commitment to law and order in emerging financial technologies. The decision also reflects the administration's response to public demand for justice in the wake of FTX's collapse, which left a significant impact on investors worldwide.