Polymarket data shows that odds for a pardon of former FTX CEO Sam Bankman-Fried have risen to 8% this week, following renewed speculation around potential crypto-related pardons under Donald Trump’s administration. The prediction market, known for tracking real-time political sentiment, registered over $4.8 million in bets on the topic in the past 48 hours.
The surge comes after Binance founder Changpeng “CZ” Zhao’s recent pardon, which many see as a signal of a friendlier stance toward prominent crypto figures. While Bankman-Fried is still serving a 25-year sentence for fraud and conspiracy, traders on Polymarket believe a Trump pardon could be his only viable path to early release.
Legal analysts caution that any decision would likely come in late 2025, though the market’s reaction underscores growing optimism among crypto investors that political winds may shift in favor of the industry.
Source: https://polymarket.com/event/sbf-released-from-custody-in-2025
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