,,iii #aaith ,,congress #b;d ,session ,s4 ,,res4 #ggb ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,june #ag1 #bjbf,mr4 ,gallego 7for himself and ,ms4 ,lummis7 submitted the following resolution2 which was referred to the ,committee on the ,judiciary ,,resolution ,expressing the sense of the ,senate that under no circumstances should ,samuel ,bankman-,fried receive executive clemency1 including a pardon or commutation1 and affirming the ,senate's commitment to the rule of law and integrity of the ,united ,states financial system4 ,whereas ,samuel ,bankman-,fried co-founded ,,ftx1 a digital asset exchange that grew to become one of the largest in the world in only #c years after its founding1 and ,alameda ,research1 a digital asset hedge fund1 trading on the trust and confidence of millions of customers and investors worldwide2 ,whereas1 on ,november #b1 #bjbc1 a ,federal jury in the ,southern ,district of ,new ,york found ,bankman-,fried guilty on all #g counts with which he was charged1 including #b counts of wire fraud1 #a count of securities fraud1 #a count of commodities fraud1 #a count of money laundering conspiracy1 #a count of conspiracy to commit wire fraud on customers1 and #a count of conspiracy to commit wire fraud on lenders2 ,whereas ,federal prosecutors described the ,,ftx collapse as one of the biggest financial frauds in ,american history1 in which ,bankman-,fried deliberately and secretly diverted billions of dollars in ,,ftx customer funds to ,alameda ,research1 which he used as his personal piggy bank1 according to the ,securities and ,exchange ,commission2 ,whereas1 on ,march #bh1 #bjbd1 ,united ,states ,district ,court ,judge ,lewis ,a4 ,kaplan sentenced ,bankman-,fried to #be years in ,federal prison and ordered the forfeiture of #aa1jjj1jjj1jjj1 finding that ,,ftx customers suffered losses more than #h1jjj1jjj1jjj1 equity investors lost more than #a1gjj1jjj1jjj1 and lenders to ,alameda ,research lost more than #a1cjj1jjj1jjj2 ,whereas ,bankman-,fried and his co-conspirators used stolen customer funds to purchase luxury real estate in the ,bahamas1 provide personal loans to himself and associates1 and fund a lavish lifestyle wholly inconsistent with the interests of the customers and investors who had entrusted their funds to ,,ftx2 ,whereas ,bankman-,fried has refused to accept responsibility for his crimes1 continued to claim innocence and to characterize his prosecution as lawfare1 and has spent his time in prison lobbying for clemency rather than cooperating with efforts to make victims whole2 ,whereas efforts of the ,,ftx bankruptcy estate to compensate victims remain ongoing1 with claims still unresolved2 ,whereas ,bankman-,fried formally submitted a petition for a presidential pardon to the ,office of the ,pardon ,attorney of the ,department of ,justice in #bjbf1 with the application listed as pardon after completion of sentence and currently pending in ,department of ,justice records2 ,whereas clemency would erase the conviction of ,bankman-,fried1 weaken deterrence1 and send a deeply damaging message that perpetrators of large-scale financial fraud can escape permanent accountability2 and ,whereas the people of the ,united ,states1 and the millions of victims who lost savings1 investments1 and livelihoods to the ,,ftx fraud1 deserve an unambiguous statement from their elected representatives that ,samuel ,bankman-,fried is not above the law and remains fully accountable for his role in one of the most brazen financial crimes in the ,nation's history and that accountability is essential to maintaining public confidence in ,united ,states financial markets3 ,now1 therefore1 be it ,that the ,senate-- 7#a7 expresses the unambiguous sense of the ,senate that ,samuel ,bankman-,fried should not1 under any circumstances1 receive a presidential pardon1 commutation1 or any other form of ,federal clemency2 7#b7 affirms that the #be-year sentence imposed upon ,bankman-,fried reflects the extraordinary scale and deliberateness of his crimes1 his lack of remorse1 and the catastrophic harm inflicted upon millions of victims1 and that such a sentence serves the interests of justice2 7#c7 rejects any characterization of the ,,ftx prosecution as lawfare1 and affirms the integrity of the ,federal criminal justice process that produced ,bankman-,fried's conviction by a unanimous jury and sentence by an independent ,federal judge2 and 7#d7 reaffirms the ,senate's commitment to protecting the integrity of ,united ,states financial markets1 safeguarding investors and consumers1 holding accountable those who commit large-scale fraud and theft1 and ensuring that the rule of law applies equally to all persons4