#Biden may pardon SBF#

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Overview

There is currently much discussion about whether Biden will pardon SBF. According to bets placed by Polymarket users, Biden is more likely to pardon SBF than Ross Ubricht, with a 4% chance for the former and a 2% chance for the latter. Although Biden recently commuted the sentences of over 1,500 people, the complexity of SBF's case and its significant impact on the cryptocurrency industry make the possibility of a pardon still controversial. It is worth noting that Trump had promised to handle Ubricht's case, which may also provide a reference for SBF's pardon.

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Analysis

There has been much discussion recently about whether President Biden will pardon former FTX CEO SBF. According to bets placed by Polymarket users, Biden is more likely to pardon SBF than Silk Road founder Ross Ulbricht. SBF is currently serving a 25-year sentence while awaiting appeal, while Ulbricht was sentenced to life in prison in 2015. While Biden recently commuted the sentences of over 1,500 people, Polymarket users believe there is only a 4% chance that Biden will pardon SBF before leaving office, and an even lower 2% chance of pardoning Ulbricht. Notably, Trump had promised to look into Ulbricht's case. While the likelihood of Biden pardoning SBF remains contested, the event has undoubtedly sparked attention towards political pardons and cryptocurrency crimes.

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The possibility of Biden pardoning SBF is low, Polymarket users predict it to be 4%

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The possibility of Biden pardoning Ross Ulbricht is even lower, Polymarket users predict it to be 2%

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Biden recently commuted the sentences of over 1500 people, which may provide some possibility for SBF to be pardoned

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Trump had promised to handle Ulbricht's case, which may lead Biden to be more inclined to pardon SBF

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