#Biden May Pardon SBF#

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Overview

There is currently a lot of discussion about whether Biden will pardon SBF. According to bets placed by Polymarket users, Biden is more likely to pardon SBF than Ross Ulbricht. While the current probability is only 4%, this figure has sparked widespread attention. It is worth noting that Biden recently commuted the sentences of over 1,500 people, while Trump had promised to handle Ulbricht's case. These events have added more speculation to the possibility of SBF's pardon.

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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). According to data from prediction market Polymarket, users 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. While the likelihood of SBF being pardoned is low, the event has sparked concerns about political pardons and cryptocurrency crimes. SBF is currently serving a 25-year sentence, pending appeal, while Ulbricht was sentenced to life in prison in 2015. Some believe that SBF's case, involving the cryptocurrency industry, could make a pardon more likely given the Biden administration's supportive stance towards the industry. However, others argue that SBF's crimes are serious and pardoning him would send the wrong message. Ultimately, whether Biden will pardon SBF remains unknown, but the event will undoubtedly continue to attract attention and discussion.

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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 small,

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Trump had promised to handle Ulbricht's case, but Biden has not yet commented on the matter

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