Trump Denies Pardon for Former FTX CEO Sam Bankman-Fried Amid Appeals
- Pardon Possibility Diminished: Trump explicitly ruled out a pardon for former FTX CEO Sam Bankman-Fried during a New York Times interview, meaning he will remain incarcerated during ongoing appeals, further narrowing expectations for presidential intervention in major financial crime cases.
- Political Donations Impact: Bankman-Fried's contributions of millions to Democratic campaigns during the 2020 election cycle are seen as undermining his chances for clemency, particularly given Trump's opposition at that time.
- Sentence and Financial Penalties: Convicted of conspiracy and fraud, Bankman-Fried received a 25-year prison sentence, which was reduced by over four years for good behavior; however, his case has sparked one of the largest scandals in digital asset history, resulting in significant losses for customers and investors.
- Legal Appeals Ongoing: Despite slim chances for clemency, Bankman-Fried's lawyers are appealing the sentence in federal court, with the outcome still pending, indicating his continued legal battle amidst contrasting outcomes for other former FTX executives who received lighter sentences through cooperation.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for TRUMP
Technical Sentiment Analysis for OFFICIAL TRUMP (TRUMP) As of , OFFICIAL TRUMP (TRUMP) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 7 technical signals, shows that 4 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for TRUMP stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, TRUMP is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
OFFICIAL TRUMP (TRUMP) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 1.513 | 2.267 | 3.093 | 3.847 | 4.673 | 5.427 | 6.253 |
| Fibonacci | 2.267 | 2.87 | 3.243 | 3.847 | 4.45 | 4.823 | 5.427 |
About TRUMP
About the author
