Speculation is growing that Sam Bankman-Fried (SBF) could receive a presidential pardon. Elon Musk has said he would be “shocked” if Biden didn’t pardon SBF. 🤔
SBF was sentenced to 25 years in prison for fraud and embezzlement in the FTX collapse. However, SBF’s political connections, which have made large donations to the Democratic Party, increase the likelihood of him being pardoned.
The probability of a pardon on Polymarket has increased from 4% to 13%, reinforcing the belief that his ties to political elites could affect his fate.