Trump pardons 250 crypto-related clemency bids ahead of July 4

US President Trump is reportedly considering “Trump pardons” for up to 250 people to mark America’s 250th birthday on July 4. A decision and announcement timeframe is still preliminary, with June 14 (Trump’s birthday) or Independence Day events cited as possible dates. For crypto traders, the key variable is whether “Trump pardons” expand beyond the early signals and when any list becomes official, since it can shift sentiment around legal and regulatory risk. The article notes that last year more than 16,000 clemency requests were submitted, and Trump issued over 1,500 pardons on his first day back in office after returning in 2025. The focus in this report is on several high-profile crypto-related defendants: - Sam Bankman-Fried (FTX): convicted on all seven counts tied to the FTX collapse and sentenced to 25 years. He has campaigned for clemency, but the outlet says Trump previously dismissed the possibility. - Keonne Rodriguez (Samourai Wallet developer): Trump said in December he would review the case. A referenced petition had 16,082 signatures. - Roman Storm and Roman Semenov (Tornado Cash): petitions are live but have low signatures (22 and 9). Storm was convicted in August on charges including operating an unlicensed money transmitting business and still faces additional allegations; Semenov is reported to be on the run and wanted by the FBI. The piece also reminds readers that Trump’s second term already included crypto pardons, such as BitMEX co-founders, Binance founder Changpeng “CZ” Zhao (after serving time), and Silk Road founder Ross Ulbricht (pardon linked to his life sentence).