{"id":1641,"date":"2026-06-17T22:15:48","date_gmt":"2026-06-17T22:15:48","guid":{"rendered":"https:\/\/crosscountrymovingteams.com\/?p=1641"},"modified":"2026-06-17T22:15:48","modified_gmt":"2026-06-17T22:15:48","slug":"sam-bankman-frieds-pardon-bid-faces-bipartisan-pushback-in-congress-keep-him-locked-up","status":"publish","type":"post","link":"https:\/\/crosscountrymovingteams.com\/?p=1641","title":{"rendered":"Sam Bankman-Fried\u2019s pardon bid faces bipartisan pushback in Congress: \u2018Keep him locked up\u2019"},"content":{"rendered":"
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\u201cSam Bankman-Fried has clearly ramped up his pardon campaign, and Senator Lummis wants Fried to know [she] and her colleagues think he\u2019s exactly where he belongs,\u201d a spokesperson from Lummis\u2019s office told Fortune<\/em>.<\/p>\n

Read more Biden\u2019s flip-flopping on student loan promises made borrowers increase discretionary spending, and were 7.5% more likely to default as a result<\/a><\/p>\n

In a statement, Gallego agreed: \u201cHe has shown no remorse for his crimes and has instead tried to laughably claim he is a victim of \u2018lawfare.\u2019 What a joke. Keep him locked up.\u201d<\/p>\n

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The two members of Congress, who are both part of the Senate Banking Committee, say they aim to quickly pass the resolution, which cannot block a presidential pardon but would make clear that senators oppose Bankman-Fried\u2019s push for clemency.\u00a0<\/p>\n

In 2023, Bankman-Fried was convicted of orchestrating one of the largest financial frauds in U.S. history, siphoning billions of dollars in customer funds from the crypto exchange FTX into his trading firm, Alameda Research. He was found guilty on seven counts, including multiple fraud and money-laundering conspiracies.\u00a0<\/p>\n

Bankman-Fried\u2019s clemency push comes after Trump has granted a string of pardons to not only prominent crypto figures\u2014including Binance founder Changpeng Zhao and Silk Road creator Ross Ulbricht\u2014but also other white-collar offenders, like former private equity executive David Gentile.<\/p>\n

Read more How surging gold prices led to the biggest jump on this year\u2019s Southeast Asia 500<\/a><\/p>\n

Amid Trump\u2019s willingness to dole out pardons to crypto criminals, Bankman-Fried\u2019s parents have reportedly courted people in Trump\u2019s orbit in hopes of winning the president\u2019s favor\u2014a sharp turn for the FTX cofounder, who was once a mega-donor to Democrats. As part of that outreach, he even sat for an unauthorized prison interview with conservative TV host Tucker Carlson in March 2025.<\/p>\n

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As of Wednesday, the Justice Department\u2019s public records showed Bankman-Fried\u2019s pardon request as \u201cpending.\u201d His clemency effort also comes after he exhausted key appeals in the courts, turning the White House into one of his last remaining avenues for relief.<\/p>\n

Still, his odds of a pardon remain slim. When asked whether Trump may clear Bankman-Fried of his sentence, a White House spokesperson pointed to Trump\u2019s comments in January, where the president said he had no plans to do so.<\/p>\n

Read more The Iran war exposed Southeast Asia\u2019s energy vulnerability. Now its import bill could triple to $245 billion<\/a><\/p>\n

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Sens. Cynthia Lummis and Ruben Gallego submitted a resolution that opposes a presidential pardon for the notorious crypto fraudster.<\/p>\n","protected":false},"author":1,"featured_media":1640,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[228],"tags":[],"class_list":["post-1641","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sam-bankman-fried"],"yoast_head":"\nSam Bankman-Fried\u2019s pardon bid faces bipartisan pushback in Congress: \u2018Keep him locked up\u2019 - Cross Country Moving Team<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/crosscountrymovingteams.com\/?p=1641\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sam Bankman-Fried\u2019s pardon bid faces bipartisan pushback in Congress: \u2018Keep him locked up\u2019 - Cross Country Moving Team\" \/>\n<meta property=\"og:description\" content=\"Sens. Cynthia Lummis and Ruben Gallego submitted a resolution that opposes a presidential pardon for the notorious crypto fraudster.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/crosscountrymovingteams.com\/?p=1641\" \/>\n<meta property=\"og:site_name\" content=\"Cross Country Moving Team\" \/>\n<meta property=\"article:published_time\" content=\"2026-06-17T22:15:48+00:00\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/?p=1641#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/?p=1641\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/#\\\/schema\\\/person\\\/1b8121bfb9a1c55d1fff3fca675fceaa\"},\"headline\":\"Sam Bankman-Fried\u2019s pardon bid faces bipartisan pushback in Congress: \u2018Keep him locked up\u2019\",\"datePublished\":\"2026-06-17T22:15:48+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/?p=1641\"},\"wordCount\":417,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/?p=1641#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/wp-content\\\/uploads\\\/2026\\\/06\\\/421d3644fe61113378db05aef5aee2b0.webp\",\"articleSection\":[\"Sam Bankman-Fried\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/crosscountrymovingteams.com\\\/?p=1641#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/?p=1641\",\"url\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/?p=1641\",\"name\":\"Sam Bankman-Fried\u2019s pardon bid faces bipartisan pushback in Congress: \u2018Keep him locked up\u2019 - 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