Skip to content
October 24, 2025cryptonews logocryptonews

SBF Polymarket Odds Shot Up After Trump Pardoned CZ – But Will The Momentum Last?

FTX founder Sam Bankman-Fried’s (SBF) odds of being pardoned by ￰1￱ Donald Trump rose amongst Polymarket bettors on Thursday following news that he had granted clemency to Binance founder Changpeng ‘CZ’ Zhao, a poll on the decentralized prediction market ￰2￱ Sees Pardon Odds Leap on Polymarket According to the poll labeled “Who will Trump pardon in 2025,” Bankman-Fried’s odds of being pardoned rose by more than 6% within a 24-hour ￰3￱ Thursday morning, Bankman-Fried’s odds of being pardoned held steady at 6%. However, they rose to 12.5% by Thursday ￰4￱ Friday afternoon, Bankman-Fried’s odds of being pardoned hovered around 9.7%. FTX Founder Takes to Social Media Amid Appeal News of the poll comes nearly two years after the former FTX CEO was found guilty on criminal charges tied to his time at the doomed crypto ￰5￱ former “king of crypto” was sentenced to 25 years in federal prison for orchestrating the massive digital asset scheme that saw FTX investors drained of $8 ￰6￱ former associates of Bankman-Fried also testified against him, including FTX chief technical officer, Gary Wang, the crypto platform’s former head of engineering, Nishad Singh, and one-time Alameda Research CEO, Caroline ￰7￱ this month, the disgraced FTX founder took to social media to allege that “Biden’s anti-crypto SEC/DOJ went after me” and had arrested him in 2022 as a means of preventing his testimony on Capitol Hill the next ￰8￱ @GETTRofficial ￰0￱ — SBF (@SBF_FTX) October 15, 2025 “They had me arrested weeks before the crypto bill I was working on was set for a vote—and the night before I was set to testify before Congress,” a post on Bankman-Fried’s official Gettr account says.

Bankman-Fried is currently appealing his November 2023 conviction and is expected back in court on November 3 in New York City.

cryptonews logo
cryptonews

Latest news and analysis from cryptonews

MYX Finance Shows Bullish Momentum, Potential Breakout at $3.2 Liquidity Zone

MYX Finance Shows Bullish Momentum, Potential Breakout at $3.2 Liquidity Zone

MYX Finance’s recent 14% price surge is driven by heightened investor interest post-Kraken listing, rising trading volumes, and a bullish shift in market structure, pushing the token toward the critic...

CoinOtag logoCoinOtag
1 min
Crypto Alpha Call: TRUE LABS’ $TRUE Token Listing Could Fuel the GameFi Recovery

Crypto Alpha Call: TRUE LABS’ $TRUE Token Listing Could Fuel the GameFi Recovery

After months of stagnation, GameFi is finally seeing a potential spark. The sector’s total market cap has plunged from over $20 billion in mid-September to around $14 billion today, weighed down by we...

Bitzo logoBitzo
1 min
Bitcoin Volatility: Why Low Levels Hint at Explosive Future Gains

Bitcoin Volatility: Why Low Levels Hint at Explosive Future Gains

BitcoinWorld Bitcoin Volatility: Why Low Levels Hint at Explosive Future Gains The world of cryptocurrency is often associated with wild price swings and unpredictable movements. However, a fascinatin...

Bitcoin World logoBitcoin World
1 min