Politics
FTT Slips to $0.21 After Senate Rejects SBF Pardon Bid
COINOTAG·July 16, 2026·1 min read
FTT slipped to $0.21 after the U.S. Senate unanimously passed a resolution declaring that FTX founder Sam Bankman-Fried should under no circumstances receive a presidential pardon or commutation. The symbolic move pressured FTT, reflecting ongoing regulatory scrutiny and negative sentiment surrounding the FTX collapse.
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