Senate passes resolution saying Bankman-Fried shouldn’t receive pardon
Summary
The Senate voted unanimously to say that Sam Bankman-Fried, founder of the cryptocurrency exchange FTX, should not get a pardon. Bankman-Fried was sentenced to 25 years in prison for fraud related to the collapse of FTX and asked President Trump for a pardon in early June.Key Facts
- The Senate passed a resolution against pardoning Sam Bankman-Fried.
- The vote was unanimous, meaning everyone agreed.
- Sam Bankman-Fried founded the cryptocurrency exchange called FTX.
- He was sentenced to 25 years in prison for fraud.
- The fraud charges are connected to the collapse of FTX.
- Bankman-Fried officially asked President Trump for a pardon in early June.
- A pardon means forgiving someone for a crime, so they don’t have to serve their sentence.
- The resolution was passed by the Senate, which is part of the U.S. government.
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