US Senate Unanimously Passes Resolution Opposing Presidential Clemency for Sam Bankman-Fried

The US Senate unanimously passed resolution S.Res. 772 on Wednesday, with bipartisan support declaring that former FTX founder Sam Bankman-Fried should not receive executive clemency. Introduced by Senators Cynthia Lummis (R-Wyo.) and Ruben Gallego (D-Ariz.), the nonbinding resolution reflects rare agreement on holding crypto executives accountable. The Senate reaffirmed that Bankman-Fried's 25-year prison sentence reflects the scale of his crimes and the losses suffered by investors, who lost over $8 billion when FTX collapsed. Although the measure carries no legal force, it signals strong political opposition to any future presidential pardon or sentence commutation.
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