Biden Pardon Rumors: Elon Musk Has Something to Say About It

An influential crypto voice on X, WallStreetMav, commented on X, suggesting that the Biden administration may grant an early pardon to FTX founder Sam Bankman-Fried, sparking speculation. The owner of X and CEO of Tesla, Elon Musk, added his thoughts on the matter to this article, which has started a community discussion.

Following the failure of the exchange, FTX founder Sam Bankman-Fried came under intense investigation. Additionally, the creator is well-known for being the Democrats' second-largest fundraiser. Almost $70 million was given by the entrepreneur and his team members in 2022 at the midterm elections. According to WallStreetMav, SBF may be eligible for an early pardon from the Biden administration because of the substantial gift they made.

Takes a Stand: Elon Musk

"I will be shocked if this doesn't happen," Elon Musk, CEO of Tesla, responded to the article, jumping into the discussion. Since Musk's remark implies that SBF's prior political affiliations may impact the result of his lawsuit, public suspicion has been further fueled. Another possible outcome of the impact is a leniency or pardon. Within the crypto community, this statement by Elon Musk is igniting a discussion about the interplay of politics, power, and justice.

Wu Blockchain, a prominent news source, brought attention to an additional aspect in light of these claims. The odds of Joe Biden pardoning SBF are presently around 13%, according to the predictive betting site Polymarket.


Pardons for SBF are more likely to be granted now that Elon Musk has remarked on the article. The probability has increased from 5% according to Wu Block to 13% at this time.

This disparity between popular opinion and chances derived from statistics shows how unpredictable political choices may be. Since SBF is the largest Democratic contributor, many in the community wonder whether his money will have any influence on the results of the cases.

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