Bipartisan U.S. Senators Introduce Resolution Opposing Presidential Pardon for FTX Co-Founder Sam Bankman-Fried
2026-06-18 19:33

Woofun AI reports that U.S. Republican Senator Cynthia Lummis and Democratic Senator Rubén Gallego have jointly introduced a resolution explicitly opposing any form of federal leniency for Sam Bankman-Fried. The legislation targets the convicted cryptocurrency fraudster and FTX co-founder, stating he should not receive a presidential pardon, a reduced sentence, or any other executive clemency. This legislative action follows Bankman-Fried's submission of a pardon application to the U.S. President earlier this month.

Senator Lummis emphasized that Bankman-Fried did not merely 'lose' billions of dollars belonging to others but actively stole those funds to sustain an extravagant lifestyle. She argued that his pursuit of a presidential pardon represents an attempt to evade the consequences of his actions, noting that the jury rejected his claims and the judge had ample justification for imposing a 25-year prison sentence.

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Tags:
Cynthia Lummis
Rubén Gallego
Sam Bankman-Fried
SBF
FTX
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