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Trump Pardons Binance Founder CZ; Polymarket Odds for SBF Pardon Jump to 12%
U.S. President Donald Trump officially pardoned Binance founder Changpeng Zhao (CZ) on Oct. 24, Coindesk reported, triggering market speculation that former FTX founder Sam Bankman-Fried (SBF) may receive a pardon. Polymarket data show SBF's pardon probability jumped from 7% to 12% following the announcement. Bitcoin rose 2.7% to break above $110,700, while Ethereum hovered near $3,850, BiyaPay analysts said.