In brief

The U.S. Senate has unanimously passed a resolution stating that FTX founder Sam Bankman-Fried should "under no circumstances" receive executive clemency, including a pardon or commutation.

The bipartisan measure was led by Senators Cynthia Lummis (R-WY) and Rubén Gallego (D-AZ), the top members of the Banking Committee's digital assets subcommittee.

The resolution is symbolic and doesn't limit the president's constitutional pardon power; Bankman-Fried, convicted in 2023, isn't eligible for release until 2044.

The U.S. Senate has unanimously declared that Sam Bankman-Fried should never win clemency, passing a resolution on Wednesday that says the convicted FTX founder should "under no circumstances" receive a pardon or commutation of his 25-year sentence.