Senate opposes a Trump pardon for SBF as his FTX fraud case and clemency request keep crypto politics in focus.
Sam Bankman-Fried is back in the spotlight after filing for a Trump pardon. The Senate moved fast and voted to oppose any clemency for the former FTX chief.
According to Bitcoin News, the chamber backed a resolution led by Cynthia Lummis and Ruben Gallego.
Reuters reported that Bankman-Fried’s pardon request now sits with the Justice Department.
Senate Resolution on SBF Pardon
The Senate passed S. Res. 772 by unanimous consent on July 15. The measure says Bankman-Fried should not receive a pardon or commutation.
It does not change the law, but it puts every senator on record. Bitcoin News on X said the vote showed rare unity around a crypto case tied to fraud.
— Bitcoin News (@BitcoinNewsCom) July 19, 2026
The post also framed the move as a political warning, not a legal block. That distinction matters in a case built around clemency, not sentencing.
Lummis and Gallego led the push for the resolution. Both senators have played visible roles in digital asset policy. Their support gave the vote more weight inside crypto circles and on Capitol Hill.
Trump Holds the Final Pardon Power
The resolution does not limit the White House. Under the Constitution, the president still holds the federal pardon power. That means Trump can still act, even after the Senate vote.
Reuters reported that Bankman-Fried filed for a pardon after completion of sentence. He has not asked for a commutation. The request comes while he continues his legal fight over the FTX case.
Trump told The New York Times earlier this year that he did not plan to pardon Bankman-Fried.
Reuters also noted that Trump has already granted clemency to other crypto figures during his second term. That has kept the SBF request under heavy scrutiny.
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SBF Loses New Trial Request as $8B FTX Fraud Conviction Stands
FTX Fraud Case Still Shapes Crypto Debate
Bankman-Fried remains one of crypto’s most watched fraud convicts. A New York jury found him guilty in 2023 on seven counts tied to FTX and Alameda Research.
Judge Lewis Kaplan later sentenced him to 25 years in prison. Reuters reported that the case involved customer funds, lender losses, and investor damage.
Prosecutors said the collapse erased billions from FTX users. That scale made the trial one of the most closely followed cases in crypto history.
The Senate vote now adds another layer to the story. It does not end the pardon bid. It does show where lawmakers stand as Trump keeps the final decision.
The post Crypto’s Biggest Fraud? Senate Urges Trump Not to Pardon SBF appeared first on Live Bitcoin News.
