Sam Bankman-Fried, the former CEO of FTX, a popular cryptocurrency exchange, has seen a surge in his odds of being pardoned by former US President Donald Trump. The odds, which are listed on the prediction market platform Polymarket, have more than doubled to approximately 12% following the recent pardon of Changpeng Zhao, the CEO of Binance.

The prediction market on Polymarket allows users to bet on the likelihood of certain events occurring, including the possibility of individuals being pardoned by the president. In this case, the odds of Sam Bankman-Fried receiving a pardon have seen a significant increase, indicating a growing belief among investors that he may indeed be pardoned by Trump.

Sam Bankman-Fried is a well-known figure in the cryptocurrency industry, having founded FTX, a leading cryptocurrency exchange known for its innovative products and services. As a prominent figure in the industry, his potential pardon by Trump has captured the attention of many in the crypto community.

The recent pardon of Changpeng Zhao, the CEO of Binance, has likely contributed to the increase in odds for Sam Bankman-Fried. Zhao, who is also a prominent figure in the cryptocurrency space, was pardoned by Trump in a move that surprised many. This unexpected pardon has sparked speculation about who else in the industry may receive similar treatment.

While the odds of Sam Bankman-Fried being pardoned by Trump have risen, it is important to note that predictions on platforms like Polymarket are not always accurate and should be taken with a grain of salt. The outcome of such events is uncertain and can be influenced by a variety of factors.

The possibility of individuals in the cryptocurrency industry being pardoned by political figures adds an interesting dimension to the ongoing intersection of crypto and politics. As the industry continues to grow and gain mainstream attention, the actions of political leaders towards key figures in the space are being closely watched.

Overall, the increased odds of Sam Bankman-Fried being pardoned by Trump highlight the unpredictable nature of both the cryptocurrency industry and political decision-making. As the crypto community eagerly awaits further developments, the outcome of this situation will undoubtedly be of great interest to many in the industry.

Source: https://cointelegraph.com/news/sbf-pardon-odds-rise-12-percent-polymarket?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound