The resolution signals bipartisan opposition to any potential pardon for the convicted FTX founder.
The US Senate passed a resolution on July 15, 2026, opposing executive clemency for Samuel Bankman-Fried, the former CEO of FTX. The measure, adopted by unanimous consent, underscores lawmakers’ stance against pardons or commutations for the convicted crypto executive.
The resolution follows Bankman-Fried’s 2023 conviction on fraud charges related to the collapse of FTX, which triggered a broader crackdown on digital asset markets. While non-binding, the vote reflects persistent political scrutiny of crypto-related misconduct.
No immediate market reaction was reported, though the move may reinforce regulatory pressures on the sector.