US Senate Unanimously Opposes Sam Bankman-Fried Pardon
Summary
The Senate unanimously passed S. Res. 772, saying Sam Bankman-Fried should receive no pardon or commutation for his 25-year sentence. The nonbinding resolution also reaffirmed support for the rule of law and the integrity of the U.S. financial system. It was led by Sens. Cynthia Lummis and Rubén Gallego, who said Bankman-Fried had his day in court and should stay in prison. The resolution comes as he has sought clemency after losing his appeal, though President Trump previously said he had no plans to pardon him. Bankman-Fried was convicted in 2023 on seven fraud-related counts tied to FTX’s collapse, which caused over $8 billion in customer losses.
