#Biden may pardon SBF#

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Overview

There has been much discussion recently about whether US President Joe Biden will pardon former FTX CEO SBF. According to predictions by Polymarket users, the likelihood of Biden pardoning SBF is 4%, while the likelihood of pardoning Silk Road founder Ross Ulbricht is 2%. Although SBF is currently serving a 25-year sentence, pending appeal, and Ulbricht was sentenced to life in prison in 2015, Polymarket users believe Biden is more likely to pardon SBF. This may be because Biden recently commuted the sentences of over 1,500 people, while Trump had promised to handle Ulbricht's case.

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Analysis

There has been much discussion recently about whether US President Joe Biden will pardon former FTX CEO Sam Bankman-Fried (SBF). Users on the prediction market platform Polymarket believe there is a 4% chance that Biden will pardon SBF before leaving office, while the chance of pardoning Silk Road founder Ross Ulbricht is 2%. Notably, Biden recently commuted the sentences of over 1,500 people, while Trump had promised to handle Ulbricht's case. SBF is currently serving a 25-year sentence while awaiting appeal, while Ulbricht was sentenced to life in prison in 2015. Despite the low probability of a pardon, SBF's case has sparked concerns about political pardons and cryptocurrency crimes. Some believe that Biden is unlikely to pardon SBF because he is accused of serious financial crimes, and Biden may be unwilling to take the political risk. However, others argue that Biden may consider pardoning SBF to demonstrate his commitment to criminal justice reform. Ultimately, whether Biden will pardon SBF remains unknown, but the event will continue to be closely watched by the public.

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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 has recently commuted sentences for over 1500 people, but the possibility of pardoning SBF is still low

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Trump had promised to handle Ulbricht's case, but Biden has not yet made a clear statement on this

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