finance
Bipartisan Senate Resolution Urges Trump Not to Pardon FTX Founder
Senators introduced a resolution Wednesday urging President Trump not to pardon Sam Bankman-Fried. The measure follows a federal appeals court decision upholding his 25-year sentence for fraud convictions tied to FTX.
Jun 17, 11:16 AM·1m read1 source
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Senators introduced a bipartisan resolution Wednesday urging President Trump not to pardon Sam Bankman-Fried. The measure comes days after a federal appeals court upheld his 25-year sentence.
The four-page resolution states that under no circumstances should Bankman-Fried receive executive clemency. The move carries added weight because the senators are central figures in negotiating crypto market structure legislation currently advancing through Congress.
"He had his day in court," a Republican senator said. "A jury didn't buy the act, and a judge gave him 25 years for a reason. Mr. Bankman-Fried can spend that time chasing clemency he hasn't earned, or he can finally do something novel and take accountability," the senator added.
A Democratic senator went further.
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