Caroline Ellison Most Likely Won’t Serve Time, Polymarket Traders Bet

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Traders on Polymarket are betting the court will show mercy, with “yes” shares for “no prison time” trading at 48 cents, meaning the market sees a 48% chance she’ll be released. Each share pays out $1 (in USDC, a cryptocurrency that trades 1:1 for dollars) if the prediction comes true, and nothing if it doesn’t.

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