Trump is Highly Likely to Pardon CZ When the Betting Rate Reaches 30%

On July 28, President Donald Trump reaffirmed that he is allowed to grant clemency to Ghislaine Maxwell, the accomplice of convicted sex offender Jeffrey Epstein, although no one has approached him to do so, he added. However, traders in the market predict that the cryptocurrency Polymarket suggests Changpeng Zhao “CZ”, the billionaire founder of the world’s largest cryptocurrency exchange Binance, is the most likely candidate to be pardoned by the president this year.

29% of Polymarket traders believe that Trump will pardon CZ, who pleaded guilty to money laundering and resigned as CEO in November 2023. This cryptocurrency entrepreneur was sentenced to four months in prison in April 2024. Notably, the WSJ reported in March that representatives of the Trump family had held discussions to acquire shares in the Binance branch in the United States, although CZ denied any such negotiations in exchange for a presidential pardon. After much speculation, in May of this year, CZ confirmed that he had requested a pardon from Trump. Traders Bet on Cryptocurrency Figures Like SBF and Do Kwon for Pardon 15% of Polymarket traders have bet that Trump will pardon “Jesus Bitcoin” Roger Ver, who is accused of defrauding the U.S. government of $48 million through tax evasion. Even Trump’s ex-wife, Marla Maples, has called for the dismissal of the charges against him. Sam Bankman-Fried, the convicted founder of the cryptocurrency exchange FTX, which went bankrupt in November 2022, is also among those whom Polymarket traders believe Trump will pardon this year. However, only 9% of traders think so. 5% of Polymarket traders have bet that Trump will pardon Do Kwon, the founder of the collapsed cryptocurrency project Terraform Labs in May 2022. Do Kwon, accused of multiple counts of fraud, faces a potential prison sentence of 130 years. Notably, Trump granted clemency to Ross Ulbricht, the founder of the controversial Silk Road marketplace that used Bitcoin as its currency, on January 21 — just the second day of Trump’s second presidential term as this was a promise made during his campaign. Since then, many voices have risen demanding Trump to pardon other cryptocurrency figures. Trump is highly likely to pardon the billionaire cryptocurrency founder as the odds reach 30% for the first time appearing on TheStreet on July 28, 2025.