BlockBeats News, July 16th, The U.S. Senate on Wednesday unanimously passed a resolution declaring that FTX founder Sam Bankman-Fried should "in no circumstances" receive a presidential pardon or clemency.
The non-binding resolution was jointly introduced by the leaders of the Senate Banking Committee's Digital Assets Subcommittee — Republican Senator Cynthia Lummis of Wyoming and Democratic Senator Ruben Gallego of Arizona. Lummis, a staunch supporter of the cryptocurrency industry in Congress, has been advocating for industry legislative frameworks for years, but in this case, she explicitly advocated for keeping SBF in continued detention. Gallego's statement succinctly concluded, "Let him stay in jail." Under the current sentence, SBF can apply for release around 2044.
