The U.S. Senate unanimously passed a nonbinding resolution declaring that convicted FTX founder Sam Bankman-Fried should never receive a pardon or commutation of his 25-year sentence. The bipartisan measure, steered by Senators Lummis and Gallego, reinforces the Senate's stance against clemency as Bankman-Fried's legal options dwindle.
White House officials are reportedly discussing a proposal to grant around 250 pardons to mark America's 250th birthday, potentially around July 4th. The idea, dubbed '250 pardons for 250 years,' has divided advisers, with some seeing it as a way to project 'Trump the merciful' and others concerned about its impact on approval ratings. The process may bypass traditional channels, with allegations of political allies leveraging connections for a price.
Senators Rubén Gallego (D-AZ) and Cynthia Lummis (R-WY) introduced a resolution opposing any clemency for FTX founder Sam Bankman-Fried, who is seeking a presidential pardon. The resolution affirms the jury's verdict and rejects his claims of political persecution.
A US appeals court upheld former FTX CEO Sam Bankman-Fried's 25-year prison sentence for fraud and conspiracy related to FTX's collapse. Bankman-Fried is also seeking a presidential pardon from Donald Trump, though Trump has previously stated no plans to grant one.
Singapore police confirmed active arrest warrants and Interpol red notices for fugitive financier Jho Low and his associate Tan Kim Loong, both implicated in the 1MDB scandal. Seized assets linked to Low and his family in Singapore are valued at approximately US$127 million.
The Quirinale has taken note of the Milan Public Prosecutor's conclusions regarding the clemency granted to Nicole Minetti, stating there are no grounds for re-evaluation and reaffirming trust in the judiciary.
Former Thai leader Thaksin Shinawatra is eligible for royal clemency as he had less than a year left on his sentence, Justice Minister Rutthapon Naowarat announced. He will be required to wear an electronic monitoring device upon release.
