2026-01-09 02:20:38

Market Brief: Latest Data and Policy Trends

Economic News: The number of initial jobless claims in the week ending January 3rd in the US was reported at 208,000, slightly below the expected 210,000, and the previous figure was revised from 199,000 to 200,000. This data provides some reference for risk asset sentiment.

Major Events in the Crypto Ecosystem: The Trump administration recently sent a clear signal — they will not consider pardoning FTX founder Sam Bankman-Fried (SBF). According to reports, Trump made this statement in an interview with the media. Interestingly, musician Diddy also wrote a letter requesting a pardon, but was similarly denied.

A noteworthy detail is that Trump has exercised his pardon power on many political allies over the past two years, but SBF is clearly not on his consideration list. It’s important to note that SBF was convicted in 2023 for embezzling customer funds, financial fraud, and other charges, topics that have been hotly discussed in the crypto community over the years.

The attitude of the new government towards crypto legacy issues can also be inferred from this decision. Compared to blanket pardons for political allies, maintaining distance from cases involving fund embezzlement indicates a commitment to rule of law.

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pvt_key_collector

· 7h ago

SBF is still thinking about pardons, hilarious. Even Trump wouldn't dare to recklessly misuse customer funds. Unemployment data looks good, but the crypto circle's people definitely aren't concerned about that. Now the FTX incident is finally settled, no one can save him. Political allies can be pardoned, but messing with investors' money is a no-go; there's still a bottom line. Diddy and SBF being rejected together, made me laugh. That duo is truly unmatched. Trump's move was clever; he appears friendly on the surface, but still maintains his bottom line. The crypto world should have cleaned out these parasites long ago; messing around only brings trouble upon itself. This is true political maneuvering; it's not as simple as just granting a pardon. Unemployment data favors risk assets to rebound, or will we continue to lie flat? SBF's story is finally coming to an end. Who will be exposed next? No pardon, no pardon. Let's just see how things develop next.

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BearMarketSurvivor

· 8h ago

SBF's case, huh, serves him right. Embezzling customer funds and still trying to turn things around? Dream on. Trump doesn't even pardon this kind of thing, it seems he's really drawing a clear line. Unemployment data looks good, but we still need to keep an eye on the subsequent reactions of risk assets. Diddy was also rejected? Haha, it seems the pardon power isn't something to be used at will. This move sets a precedent for the entire crypto community; the bottom line must not be crossed.

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memecoin_therapy

· 01-09 02:50

SBF still wants to turn things around? Wake up, buddy, even Trump wouldn't give him face Naked double standards, political allies can be pardoned at will, but embezzling customer funds is a no-go Now I understand, the "bottom line" in the crypto world is just don't steal money, everything else is fair game Diddy was rejected, what hope does SBF have? Prison welcomes you Unemployment data, whether good or bad, can't change this guy's fate haha Good job catching him, let all those trying to scam investors see the consequences Crypto still depends on law-abiding projects to turn around, stop thinking about pardons Not all crypto figures deserve to be saved, SBF truly got what he deserved With this policy announced, I feel reassured, it shows someone is in charge

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GateUser-9ad11037

· 01-09 02:50

SBF this guy really messed up. Embezzling customer funds is something even Trump wouldn't dare to touch with his iron fist. But on the other hand, this is actually a signal — the normalization of crypto is inevitable. Diddy was rejected, so why did SBF get through? Even thieves have their code, right? Pardoning political allies is okay, but crossing the line into financial fraud is a no-go. Smart move. Wait, so does this mean the FTX case is now completely hopeless? Trump's move was quite ruthless. It seems the crypto community needs to guard its bottom line.

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ZKProofster

· 01-09 02:46

nah sbf ain't getting pardoned lmao, guess even trump knows better than touching that particular dumpster fire

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DegenMcsleepless

· 01-09 02:33

SBF still wants to turn things around, hilarious. A stubborn greedy ghost with no way back. Trump didn't even spare Diddy, showing that this time he's really giving up. Misappropriating customer funds—no matter how strong the relationship, it can't be saved; that's the bottom line. Unemployment data is slightly better, but the real positive news is SBF's story—massive cleanup has begun. By the way, SBF didn't make the cut on the pardon list; that ruthless person is truly heartless. Old Trump’s move was pretty good; political allies can be pardoned at will, but financial fraud has a red line. It looks like the crypto world is about to reshuffle; this is making room for new rules. SBF is nailed down; never expect to turn things around. Good unemployment data, but SBF is truly finished—that's the big event. Did Trump draw the bottom line clearly? SBF is completely out of consideration.

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FloorSweeper

· 01-09 02:27

SBF's incident shows that no matter how crazy Trump gets, he still wouldn't dare to act recklessly; there are still bottom lines.

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