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Close-up of a judge's gavel resting on US dollar bills and an American flag, symbolizing justice and finance.
NEWSJUL 16, 2026
U.S. Senate Unanimously Opposes Clemency for FTX Founder Sam Bankman-Fried
The U.S. Senate approved a nonbinding resolution stating that Sam Bankman-Fried should under no circumstances receive a presidential pardon or commutation. The move highlights continued bipartisan anger over FTX’s collapse, customer losses exceeding $8 billion, and one of the most infamous fraud cases in crypto history.