‼️Breaking: FTX founder Sam Bankman-Fried's pardon odds have risen to 10% on prediction markets like Kalshi, following the recent pardon of Binance's CZ.
This development signals shifting sentiments in the crypto space under the current administration, potentially easing regulatory pressures on digital assets.
In the global macroeconomy, a pardon could boost investor confidence in cryptocurrencies, accelerating adoption and injecting liquidity into markets still recovering from the 2022 FTX collapse. However, it raises questions about accountability in finance, possibly eroding trust in traditional institutions.
Watch for volatility in crypto valuations as traders bet on political outcomes—could this herald a new era for Web3 innovation? What do you think: Will SBF walk free, and how might it reshape the economy?