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The U.S. Senate unanimously passed a resolution opposing an executive pardon for Sam Bankman-Fried.

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ME News, July 16 (UTC+8): The U.S. Senate has passed a resolution opposing former FTX CEO Sam Bankman-Fried receiving an executive pardon. The non-binding measure states that Bankman-Fried should not receive an executive pardon, and reiterates the Senate’s commitment to the rule of law and the integrity of the U.S. financial system. The resolution was introduced by Senator Ruben Gallego on June 17, with Senator Cynthia Lummis as a co-sponsor. It opposes any federal pardon for Bankman-Fried, including a presidential pardon or sentence reduction. A simple Senate resolution does not require approval from the House of Representatives or the president, and has no legal effect. Bankman-Fried was sentenced to 25 years in federal prison in March 2024 for fraud and conspiracy charges related to the 2022 FTX collapse. After he applied for a pardon from Donald Trump in June 2026, speculation intensified, and court records show that the request is pending. Polymarket traders currently believe the probability that Donald Trump pardons Bankman-Fried before July 31 is below 1%. Trading volume on the market is over $734k. (Source: ODAILY)
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