US Senate unanimously adopts resolution opposing clemency for SBF
The Senate unanimously approved a nonbinding resolution opposing any executive clemency for Sam Bankman-Fried, the former FTX CEO convicted in the exchange’s collapse. The measure, S. Res. 772, says he should not receive a presidential pardon or sentence commutation and reaffirms support for the rule of law and the integrity of the U.S. financial system. It was introduced by Sen. Ruben Gallego, with bipartisan backing including Sen. Cynthia Lummis and later Sen. Bernie Moreno. The resolution cannot prevent a pardon, but it signals strong Senate opposition after Bankman-Fried sought clemency from President Donald Trump. Bankman-Fried is serving a 25-year sentence for fraud and conspiracy. Prediction markets currently see less than a 1% chance of a pardon.
