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  3. SRES772
SRES772119th Congress·Introduced 2026-06-17

Is The Bill "A resolution expressing the sense of the Senate that under no circumstances should Samuel Bankman-Fried receive executive clemency, including a pardon or commutation, and affirming the Senate's commitment to the rule of law and integrity of the United States financial system." Crypto Friendly?

Based on 1 published commentary, this bill is neutral on crypto.

Neutral on Crypto
About this bill

This Senate resolution expresses the formal opinion of the Senate that FTX co-founder Samuel Bankman-Fried should not receive any form of presidential clemency, including a pardon or commutation. It highlights the massive scale of the multi-billion-dollar FTX collapse, affirms the 25-year prison sentence delivered in 2024, and rejects attempts to characterize his prosecution as "lawfare." The resolution emphasizes that permanent accountability is essential to protect investors and maintain public confidence in financial markets.

Introduced
2026-06-17
Status
Introduced and Sponsored
Legislature
119th Congress
Stance on Crypto
Neutral on Crypto
From 1 published commentary

Scores reflect how a bill would affect crypto if enacted, from very anti-crypto to very pro-crypto, based on the commentary below.

Support in Congress
  • Sponsors1 Democrat1
  • Cosponsors2 Republicans2
Read the bill
Read on Congress.govView on GovTrackBill text (PDF)

Commentary

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DoTheySupportIt
Primary
marked this bill asNeutral on Crypto

While this resolution does not introduce new regulatory frameworks, compliance burdens, or legal definitions for digital assets, its passage carries symbolic importance for the cryptocurrency industry. The collapse of FTX in 2022 was a devastating blow to the industry's reputation, triggering a prolonged market downturn and intensifying hostile regulatory scrutiny. By taking a firm stand against executive clemency for Samuel Bankman-Fried, the Senate signals that large-scale financial fraud within the digital asset space will face permanent accountability, aligning with efforts to rebuild market trust and separate legitimate blockchain innovation from criminal activity.

Furthermore, the resolution rejects the narrative that the prosecution of the FTX founder was a form of selective political targeting. Instead, it affirms the legitimacy of the judicial process. This focus on individual criminal conduct, rather than treating the entire crypto sector as inherently fraudulent, helps clarify that the issues at FTX were rooted in traditional financial fraud—specifically, the misappropriation of customer funds—rather than the underlying technology itself. Consequently, the resolution maintains a neutral stance toward the broader crypto industry, avoiding new restrictive rules or surveillance burdens while reinforcing the rule of law.

Where Congress stands

Every member who has sponsored, cosponsored or voted on this bill. Pick a vote to see how each member voted on it, or narrow by party, name or state.

Sponsors

1

1 Democrat

  • Profile picture of Ruben Gallego
    Ruben Gallego
    Senator · AZ

Cosponsors

2

2 Republicans

  • Profile picture of Cynthia Lummis
    Cynthia Lummis
    Senator · WY
  • Profile picture of Bernie Moreno
    Bernie Moreno
    Senator · OH