Polymarket users bet on Biden's likelihood of pardoning SBF over Silk Road founder Ross Ubricht
Editor
2025-01-10 06:02 449
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Golden Finance reports that US President Joe Biden is scheduled to leave office on January 20 and he still has time to issue pardons and commutations to individuals convicted of federal crimes. As of January 9, cryptocurrency betting platform Polymarket was offering users 4% odds on President Biden pardoning former FTX CEO Sam “SBF” Bankman-Fried, and 2% odds on him pardoning Silk Road founder Ross Ulbricht. As of the time of publication, users have bet more than $5 million on SBF odds and $1.2 million on Ulbricht odds.
It's unclear whether President Biden plans to issue more pardons or commutations before the end of his term.