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Senate passes resolution saying Bankman-Fried shouldn't receive pardon

12 0
16.07.2026

Senate passes resolution saying Bankman-Fried shouldn’t receive pardon

The Senate unanimously passed a resolution Wednesday declaring that FTX founder Sam Bankman-Fried should not receive a pardon.

Bankman-Fried, who was sentenced to 25 years in prison on fraud charges tied to the collapse of his cryptocurrency exchange, officially requested a pardon from the Trump administration in early June.

The resolution, which cleared the upper chamber via unanimous consent, marks a notable rebuke of the disgraced crypto executive. It was put forward by a bipartisan duo involved in negotiations on a crypto regulation bill, Sens. Ruben Gallego (D-Ariz.) and Cynthia Lummis (R-Wyo.).

“It should not be considered controversial to say that someone like Sam Bankman-Fried — a fraudster who was convicted by a unanimous jury — should not be allowed to walk away scot-free,” Gallego said in........

© The Hill