“Sam Bankman-Fried has clearly ramped up his pardon campaign, and Senator Lummis wants Fried to know [she] and her colleagues think he’s exactly where he belongs,” a spokesperson from Lummis’s office told Fortune.
In a statement, Gallego agreed: “He has shown no remorse for his crimes and has instead tried to laughably claim he is a victim of ‘lawfare.’ What a joke. Keep him locked up.”
The two members of Congress, who are both part of the Senate Banking Committee, say they aim to quickly pass the resolution, which cannot block a presidential pardon but would make clear that senators oppose Bankman-Fried’s push for clemency.
In 2023, Bankman-Fried was convicted of orchestrating one of the largest financial frauds in U.S. history, siphoning billions of dollars in customer funds from the crypto exchange FTX into his trading firm, Alameda Research. He was found guilty on seven counts, including multiple fraud and money-laundering conspiracies.
