Interview with SBF’s parents drops chance of pardon on betting markets
If betting markets are to be believed, the chances of former FTX CEO Sam Bankman-Fried getting a presidential pardon this year aren’t looking good.
The chances of former FTX CEO Sam Bankman-Fried getting a pardon didn’t seem great this year, and a recent downtick on prediction markets shows that they aren’t getting any better.
Both major prediction markets in the United States, Polymarket and Kalshi, have the likelihood of Bankman-Fried receiving a presidential pardon this year at 11% and 9%, respectively.
Chances of a pardon have decreased 1% on Kalshi and 2% on Polymarket after a CNN interview on March 21 with Bankman-Fried’s parents, Joseph Bankman and Barbara Fried. In the interview, both explained why they’re challenging their son’s fraud conviction.