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Fortune
Fortune
Business
Camila Grigera Naón

Sam Bankman-Fried’s pardon bid faces bipartisan pushback in Congress: ‘Keep him locked up’

Samuel-Bankman-Fried leaving a Manhattan federal court amid his bail conditions hearing in 2023. (Credit: YUKI IWAMURA—AFP/Getty Images)

Two senators don’t want Sam Bankman-Fried out of prison. On Wednesday, Sens. Cynthia Lummis (R-Wyo.) and Ruben Gallego (D-Ariz.) introduced a resolution urging the executive branch to ignore the FTX cofounder’s formal bid for a pardon. The resolution, which is not explicitly addressed to President Donald Trump, asserts that Bankman-Fried’s 25-year sentence “serves the interests of justice” and wasn’t the product of an unfair investigation into the onetime crypto billionaire’s crimes, which Bankman-Fried has claimed since his conviction.

“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.

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