Polymarket bets that Sam Bankman-Fried gets pardon surge to 12%

• Cointelegraph🟢 positive
Polymarket bets that Sam Bankman-Fried gets pardon surge to 12%

Former FTX CEO Sam Bankman-Fried's odds on Polymarket of being pardoned by US President Trump have more than doubled to around 12% after Changpeng Zhao was pardoned.

Article Summary

**Polymarket Prediction Markets See SBF Pardon Odds Double to 12% Following Zhao Clemency** Cryptocurrency prediction markets on Polymarket are witnessing significant activity as betting odds for a potential Sam Bankman-Fried presidential pardon surge to 12%, representing more than double previous estimates. The dramatic shift follows President Trump's recent pardon of Binance founder Changpeng Zhao, creating ripple effects across decentralized finance (DeFi) prediction platforms. The former FTX CEO, currently serving time for cryptocurrency fraud charges, has become a focal point for blockchain-based betting markets. Polymarket users are actively trading on the likelihood of executive clemency, with the odds jumping substantially after the Zhao precedent. This development highlights the growing influence of prediction markets in cryptocurrency sentiment analysis and political forecasting. The surge in pardon speculation reflects broader market dynamics within the digital asset ecosystem, where high-profile cases involving Bitcoin exchanges and DeFi platforms continue shaping regulatory discourse. Cryptocurrency traders and blockchain enthusiasts are closely monitoring these political developments, as presidential pardons could significantly impact the digital currency landscape and future enforcement actions against crypto executives.

Article Details

Source
Cointelegraph
Published
October 24, 2025 at 03:59 AM
Sentiment
🟢 positive
Type
Article
Category
institutional
Topics
InstitutionalMarket

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