Celebrating 250 years of America! Trump plans to pardon 250 people, will FTX and Tornado founders be chosen?

President Trump plans to promote a 250-person pardon program, sparking attention in the crypto community. The market is buzzing about whether developers involved in privacy controversy protocols and SBF might be included.

Trump proposes “250-person pardon plan,” drawing high interest in the list

According to The Wall Street Journal, President Trump is considering launching a large-scale pardon during the 250th anniversary of the United States, with an expected pardon of about 250 offenders. After the news broke, the cryptocurrency industry began discussing whether individuals involved in major recent cases could be included in the pardon list.

Currently, the most关注人物 in the market include convicted FTX founder Sam Bankman-Fried (SBF), as well as Tornado Cash founders Roman Storm and Alexey Pertsev, and others involved in privacy protocol cases. Since Trump has continued to send friendly signals toward the crypto industry over the past year, some supporters have begun to speculate whether the White House might reconsider certain crypto-related cases.

When Trump recently discussed the pardon plan with his staff, he mentioned hoping to echo the symbolic meaning of the 250th anniversary of the United States through the “250-person pardon,” but the White House has not yet公布正式名单.

Tornado Cash case continues to escalate, crypto community supports developers

Among all potential candidates, the Tornado Cash case has received special attention from the crypto community. Some supporters believe that the U.S. government’s recent law enforcement actions against Tornado Cash developers involve the core issue of whether “code is protected as free speech.”

Tornado Cash is an Ethereum-based privacy mixing protocol. The U.S. Treasury Department previously accused North Korea’s Lazarus Group of using the tool for money laundering, leading to sanctions against the protocol. However, the crypto community and some developers have long criticized that the U.S. government equates open-source code development with criminal activity, which could create a chilling effect on the entire open-source software industry.

Currently, Tornado Cash co-founder Roman Storm continues to face U.S. judicial proceedings, while a Dutch court has already ruled against another developer, Alexey Pertsev. Many supporters believe that if Trump truly pushes for a large-scale pardon, privacy-related crypto cases could become symbolic political issues.

  • Related news: Tornado Cash sanctions case ends! U.S. Treasury drops appeal, TORN surges over 5%

SBF’s potential pardon sparks polarized market reactions

Compared to the Tornado Cash developer case, which involves technical and open-source controversy, the situation with FTX founder SBF is even more sensitive. SBF was convicted on multiple charges including fraud, misappropriation of customer assets, and financial crimes, and is regarded as one of the most representative financial scandals in crypto history.

Some market participants believe that the likelihood of SBF receiving a pardon is relatively low, due to the large number of victims involved in the FTX incident and significant political pressure. Especially since the SBF case severely damaged the confidence of U.S. retail and institutional investors, prompting U.S. regulators to accelerate enforcement actions against the crypto industry.

  • Related news: Trump bluntly states no pardon for FTX scandal, hopes for SBF’s overturning case are officially dashed

However, some supporters argue that Trump has previously used pardons to demonstrate political symbolism, and whether he might frame some crypto cases as “excessive government regulation” remains a topic of discussion.

Crypto regulation increasingly becomes a focal point in U.S. political battles

Trump’s attitude toward cryptocurrencies has noticeably shifted over the past year. Besides publicly supporting Bitcoin mining and digital asset innovation, he has also actively sought crypto industry funding and supporters during his campaign. The Republican Party’s stance on cryptocurrencies is gradually contrasting with that of the Democrats.

As the U.S. presidential election approaches, issues related to crypto are rapidly politicizing. Topics such as crypto regulation, privacy tools, and financial freedom are increasingly shifting from technological and financial concerns to parts of the U.S. political struggle.

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