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Is SBF's pardon hopeless? U.S. bipartisan senators jointly file a bill! Cynthia Lummis fires back: He stole billions of dollars
Republican Senator Cynthia Lummis and Democratic Senator Rubén Gallego jointly introduced a resolution on Wednesday (6/17), arguing that the convicted FTX co-founder Sam Bankman-Fried (SBF) should not receive a presidential pardon, a sentence reduction, or any form of federal clemency. Earlier, SBF officially submitted a pardon application to the White House in June.
(Background: SBF formally filed a “presidential pardon application,” $FTT surging 60%! Will Trump say yes?)
(Additional background: Trump refuses to pardon FTX founder SBF, and the 25-year prison sentence continues)
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Key Takeaways
After Sam Bankman-Fried (SBF) submitted a pardon application to the White House, Republicans and Democrats in the U.S. Congress—rarely—found common ground and moved to oppose it together. Republican Senator Cynthia Lummis and Democratic Senator Rubén Gallego jointly introduced a resolution on Wednesday (6/17), arguing that the convicted FTX co-founder should not receive a presidential pardon, a sentence reduction, or any form of federal clemency.
There are not many issues that can get both parties to act together, and SBF is one of them.
Lummis fires first
Cynthia Lummis’s language leaves no room for softening. She pointed out that SBF didn’t “misplace” other people’s tens of billions of dollars in assets—he appropriated it as his own, used it to prop up his lavish lifestyle, and now wants to rely on a presidential pardon to escape the consequences of his own actions.
She said that SBF has already been tried in court. The jury didn’t buy his story, and the judge sentenced him to 25 years for good reason. In her view, SBF should do something new and learn to take responsibility for himself.
Gallego lands a follow-up jab: claims to be politically persecuted—what a joke
Gallego, from the Democratic Party, also didn’t hold back. He criticized SBF for showing no remorse for his crimes and instead trying to absurdly package himself as the victim of “political persecution” (lawfare). Gallego delivered the line bluntly: “What a joke.”
The full text of this resolution is about four pages. It clearly argues that under any circumstances, SBF should not receive executive clemency, and emphasizes that his 25-year prison term “accords with judicial justice,” not the result of an unfair investigation.
The resolution is non-binding
However, this resolution itself has no legal force. It is more like a collective statement by lawmakers. What truly determines SBF’s fate still lies with the White House.
And there had been no indication beforehand that Trump intended to pardon SBF. When asked whether it might be possible to pardon SBF, a White House spokesperson directly sent the question back to Trump’s old remarks from January—remarks in which Trump had already said he had no such intention.
Frequently Asked Questions
Why do U.S. senators oppose pardoning SBF?
Republican Cynthia Lummis and Democratic Rubén Gallego believe that SBF appropriated billions of dollars of customer funds and showed no remorse. His 25-year sentence is consistent with justice. Therefore, they jointly proposed a resolution opposing any presidential pardon or sentence reduction.
What is the status of SBF’s pardon application right now?
SBF officially submitted his pardon application to the Office of the Pardon Attorney at the Department of Justice on June 8, 2026. The application is for clemency after serving his sentence, not for immediate release, and the current status is “under review.” The White House reiterated that Trump said in January that he had no intention of granting a pardon.