This week, several major events occurred in the cryptocurrency space, including rumors that President may pardon FTX's Sam Bankman-Fried, the EU exchanges delisting Tether's USDT, and Ripple donating $5 million to Trump's inauguration.

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As Singapore and Hong Kong have become major regional industry hubs, the centralized exchange Crypto.com has also expanded its business in the United States.

Rumors of FTX's Sam Bankman-Fried being pardoned

There are rumors that the infamous FTX founder Sam Bankman-Fried (SBF) may receive a presidential pardon, as he caused one of the largest financial crises in the industry. Tesla CEO Elon Musk claimed he would be "shocked" if SBF did not receive a pardon.

These rumors are based on the fact that SBF was the second-largest individual donor to the Democratic Party in 2020.

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