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. 

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