Trump Rejects SBF Pardon Possibilities

Watch on YouTube ↗  |  January 09, 2026 at 16:52  |  2:04  |  CoinDesk
Speakers
Jennifer Sanasie — Senior Anchor & Executive Producer, CoinDesk

Summary

CoinDesk Daily host Jennifer Sanasie recaps several crypto and macro headlines. President Trump said he will not pardon Sam Bankman-Fried, while mixed December U.S. jobs data left Bitcoin steady above $90,000 and traders pricing a January Fed pause. The episode also covers the Zcash governance shake-up, with the former Electric Coin Company team forming Cash Z after resigning, and notes the Z token rebounding above $430.

  • Trump says he will not pardon Sam Bankman-Fried.
  • December payrolls missed forecasts; October was revised to a large loss.
  • Unemployment fell to 4.4%, a mixed labor signal.
  • Bitcoin held above $90,000 as traders priced a January Fed pause.
  • Former Electric Coin Company team resigned and formed Cash Z.
  • Cash Z plans a wallet based on the ZSI codebase to bypass governance gridlock.
  • Zcash token bounced back above $430.
Ideas
Jennifer Sanasie Senior Anchor & Executive Producer, CoinDesk 1:22
Zcash team exits, forms Cash Z
After the Electric Coin Company team resigned en masse, former CEO Josh Swihart announced Cash Z, a new entity planning a consumer wallet based on the ZSI codebase to bypass governance gridlock with the nonprofit Bootstrap board. The Zcash token bounced back above $430, creating a developing governance/ecosystem setup worth monitoring, though the directional investment impact remains unclear.
Up Next

This CoinDesk video, published January 09, 2026, features Jennifer Sanasie discussing ZEC. 1 trade idea extracted by AI with direction and confidence scoring.

Speakers: Jennifer Sanasie  · Tickers: ZEC