Polymarket users are more likely to bet on Biden pardoning SBF than Silk Road founder Ross Ubricht
US President Joe Biden is scheduled to leave office on January 20, and he still has time to issue pardons and commutations for individuals convicted of federal crimes. As of January 9, cryptocurrency betting platform Polymarket is offering users 4% odds that President Biden pardons former FTX CEO Sam "SBF" Bankman-Fried, and 2% that he pardons Silk Road founder Ross Ulbricht. As of the time of this article, users have bet over $5 million on SBF's odds and $1.20 million on Ulbricht's odds.
It remains to be seen whether President Biden plans to issue more pardons or commutations before the end of his term.