Senate passes resolution saying Bankman-Fried shouldn’t receive pardon
The nonbinding measure says clemency would undermine the rule of law after Bankman-Fried’s 25-year sentence for FTX fraud.
- On Wednesday, the U.S. Senate unanimously passed S. Res. 772, declaring that FTX founder Sam Bankman-Fried should "under no circumstances" receive executive clemency.
- Bankman-Fried submitted a formal pardon application in early June while serving a 25-year prison sentence for seven fraud and conspiracy charges tied to FTX's collapse.
- Senators Cynthia Lummis, R-Wyo, and Ruben Gallego, D-Ariz, introduced the measure, with Lummis stating Bankman-Fried "had his day in court" and Gallego calling him a criminal deserving imprisonment.
- The Senate's action follows President Donald Trump's previous grants of clemency to crypto figures Ross Ulbricht and Changpeng Zhao, placing the chamber on record against commuting Bankman-Fried's sentence.
- Although the resolution cannot block the president's constitutional pardon power, federal records indicate Bankman-Fried is not eligible for release until 2044, despite ongoing efforts to challenge his conviction.
24 Articles
24 Articles
Senate Passes Resolution Refusing Bankman-Fried Pardon
The Senate passed a resolution this week declaring that FTX founder Sam Bankman-Fried should not receive a pardon. The unanimous decision comes as Bankman-Fried requested an official presidential pardon earlier this year. “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. That’s exactly what the Senate affirmed w…
Senate Opposes Pardon for Sam Bankman-Fried
“The Senate unanimously passed a resolution Wednesday declaring that FTX founder Sam Bankman-Fried should not receive a pardon,” The Hill reports. “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.”
CBS Austin
KGANSenate unanimously passes resolution saying Sam Bankman-Fried should not receive pardon
The Senate unanimously passed a resolution saying that Sam Bankman-Fried should not receive a pardon as he serves a 25-year prison sentence for fraud charges.
Senate Passes Bipartisan Resolution Opposing Clemency for FTX's Sam Bankman-Fried
The U.S. Senate agreed on Wednesday that Sam Bankman-Fried should never receive clemency, passing a resolution stating that the FTX founder should “under no circumstances” get a pardon or commutation. It passed by unanimous consent. The nonbinding resolution was led by Senators Cynthia Lummis, a Wyoming Republican, and Ruben Gallego, an Arizona Democrat, who serve as the top Republican and Democrat on the Senate Banking Committee’s digital asset…
Coverage Details
Bias Distribution
- 55% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
