Caroline Ellison Most Probably Will not Serve Time, Polymarket Merchants Wager

Merchants on Polymarket are betting the courtroom will present mercy, with “sure” shares for “no jail time” buying and selling at 48 cents, that means the market sees a 48% likelihood she’ll be launched. Every share pays out $1 (in USDC, a cryptocurrency that trades 1:1 for {dollars}) if the prediction comes true, and nothing if it does not.