Polymarket Traders Predict 45% Chance Of No Prison Time For Former FTX CEO Caroline Ellison

Posted On September 23, 2024

Traders are leaning toward the possibility that Caroline Ellison, former CEO of Alameda Research, will avoid prison time.

What Happened: Polymarket prediction market data shows a 45% chance that Ellison will receive no prison time, with $153,679 bet on this outcome.

Traders are currently betting 49 cents for “Yes” and 59 cents for “No” regarding her receiving no jail time.

The market also predicts other potential outcomes for her sentencing, with a 21% chance that Ellison will serve between 1-11 months in prison.

This category has seen $52,225 wagered, with a 23-cent price for “Yes” and an 82-cent price for “No.”

Additionally, there …