US Senate passes resolution against SBF pardon

The U.S. Senate has unanimously passed a non-binding resolution stating that FTX founder Sam Bankman-Fried (SBF) should not receive a presidential pardon or have his sentence commuted. Speculation about a possible pardon arose despite U.S. President Donald Trump's earlier statement in January that he had no plans to pardon SBF, following his previous pardons of Binance founder Changpeng Zhao and Silk Road founder Ross Ulbricht. SBF was convicted in November 2023 on seven charges related to the collapse of FTX, with damages estimated to exceed 8000000000 dollars. The U.S. Department of Justice has described the case as one of the largest financial frauds in U.S. history.

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