Trump pardoned 11 people who were not on the SBF list, and today's celebration was the focus

Comparatively, US President Trump signed a pardon on the day before Independence Day (3rd local time), pardoning a total of 11 people, including many people who have been convicted for violating the Clean Air Act. Trump called these people victims of persecution by the Biden administration. They were imprisoned or faced jail time for repairing their cars, and I will now let them all be set free.

Notably, FTX founder SBF, the most watched potential amnesty target in the crypto space, has yet to make it onto the published amnesty list. Today (4th) coincides with America's 250th anniversary celebration. Trump will attend events in many places. The White House previously discussed introducing a large-scale amnesty for 250 people during the US 250th anniversary celebration as part of the celebration. However, these are still under consideration and have yet to be officially announced. The market is concerned about Trump's statement today.

The race for pardon under the Trump administration has escalated markedly. The president himself has exercised unprecedented personal control over the pardon process, frequently using the power of pardon to support allies and advance his own political demands. The pardon affairs are managed by a small team composed of White House Special Counsel David Warrington, Chief of Staff Susie Wiles, and US Pardon Attorney Ed Martin. Most cases are first tried by Warrington, Martin, and the Department of Justice. The selected candidates are submitted to Wiles for review, and Warrington and Wiles then submit the final candidates to Trump for decision.