Trump's Pardon Predictions Heat Up on Polymarket

Trump's Pardon Predictions Heat Up on Polymarket

The air is thick with speculation and anticipation as bets on Polymarket, a prediction marketplace, swirl around who Donald Trump might pardon in his first 100 days back in office. With a staggering $3.59 million already bet, the market has become a focal point for those trying to predict Trump's next moves in the realm of presidential pardons. This bet isn't just about guessing; it's about understanding the undercurrents of public sentiment and Trump's past actions.

The betting market on Polymarket outlines 14 individuals who could potentially receive clemency from Trump, setting a deadline for these actions by April 29, 2025. If Trump fails to issue any pardons, commutations, or reprieves within this window, the market will resolve to 'No'. But if even one of these named individuals gets a nod from Trump, the market will shift to 'Yes'. The rules are clear: official government announcements or a consensus of credible reporting will dictate the outcome.

Leading the pack is a January 6 protestor, with a whopping 93% likelihood of being pardoned according to the bets. This reflects not just sympathy or support but also a political statement on the events of that day. Close behind is Ross Ulbricht, the founder of the Silk Road, with a 65% chance. Ulbricht's case has been a rallying cry for those advocating for changes in sentencing and the criminal justice system, especially after Trump's campaign promise to commute his sentence.

Roger Ver, known in the Bitcoin and crypto world as 'Bitcoin Jesus', holds the third spot with a 36% chance. Ver is currently entangled in legal battles with the U.S. government over tax evasion charges, which he vehemently disputes. The #FreeRoger campaign has gained traction, with a petition and website dedicated to his cause, amassing signatures from supporters who believe in his innocence or at least the overreach of his prosecution.

Other notable figures on the list include Edward Snowden at 18% and a surprising 16% for Trump potentially pardoning himself, reflecting the ongoing legal challenges he faces. The inclusion of these names shows how varied and politically charged Trump's pardon decisions could be, touching on issues from privacy rights to cryptocurrency legislation.

This Polymarket bet isn't merely about making a bet; it's a mirror reflecting public interest and opinion. Each percentage point represents layers of speculation, hope, and sometimes, political strategy. As the date approaches, participants and onlookers alike watch closely, not just for the thrill of the bet but for what it might reveal about Trump's priorities and how he might choose to use the power of the pardon. This market, therefore, offers more than just numbers; it provides a narrative of what could be, capturing the imagination and discourse of a nation looking towards the future actions of its incoming president.