SBF Applauds Trump’s Pardon of Former Honduran President

In a move that's raising eyebrows across both political and financial circles, former FTX CEO Sam Bankman-Fried has publicly endorsed Donald Trump's controversial pardon of Honduras' ex-president.

The Crypto Connection

This isn't just about geopolitics—it's a stark reminder of crypto's complicated dance with power. When industry titans cheer political maneuvers, it blurs the line between decentralized ideals and old-school influence peddling.

A Pattern of Power

The endorsement follows a familiar script: disruptive tech leaders aligning with disruptive political figures. It's the same playbook that saw Silicon Valley billionaires cozy up to Washington—just with more blockchain jargon and less pretense about changing the world.

The Bottom Line

While SBF's cheerleading might score points in certain circles, it does little to convince skeptics that crypto is anything more than traditional finance with better marketing and worse governance. After all, what's more centralized than a pardon?

Prison Tie Raises Eyebrows

According to reports, the pardon by Trump drew quick praise from Sam Bankman-Fried, who is serving a 25-year federal sentence after his conviction in the FTX collapse case.

In a post on X, Bankman-Fried wrote: “I’m so glad Juan Orlando is free — few are more deserving than him.”

The two men once shared one prison dormitory while detained in the US, a detail that adds a personal dimension to the reaction.

Political Timing And Pushback

Based on reports, the move came just before a closely fought Honduran vote and prompted sharp criticism from lawmakers and anti-drug officials. Opponents said freeing a former head of state convicted in the US weakens long-standing efforts to curb trafficking.

I’m so glad Juan Orlando is free–few are more deserving than him.

— SBF (@SBF_FTX) December 2, 2025

Supporters argued that Hernández faced political attacks and that the Trump pardon corrected an injustice. Multiple voices in Congress called the decision troubling, and several advocacy groups said it could undercut trust in US drug enforcement.

Reports have disclosed concern among analysts that the pardon could affect US ties in the region and might influence public opinion inside Honduras. Some legal experts warned the action risks setting a precedent where high-level convictions can be overturned by executive clemency after sentencing.

Others noted that clemency is a long-standing presidential power, and pointed to past instances when presidents used it for political or humanitarian reasons.

Local and international reaction was mixed. Human rights organizations urged careful review of the pardon’s implications for rule-of-law efforts, while certain political allies in Honduras hailed the release as a victory.

Commentators also highlighted that prosecutors had linked Hernández to large-scale shipments of narcotics, a fact that made the pardon especially controversial among drug-control officials.

Based on reports, Bankman-Fried’s public support appears tied to his own efforts to seek clemency. Observers suggested that the endorsement could be intended to draw attention to his case or to court favor.

Whether the presidential action will have any bearing on other clemency requests remains unclear, but the episode has already sparked debate over the boundaries of presidential pardon power.

Featured image from Getty Images, chart from TradingView