Will Biden Pardon SBF?
Market Information
| Market Open Date | Start Date | Market Close Date | Currency | Profit Fee |
|---|---|---|---|---|
| 2024-04-05 | 2024-04-05 07:44 ET | 2024-11-07 | USD | 0% |
Rules
This market will resolve to "Yes" if Samuel Bankman-Fried (SBF) receives a presidential pardon, commutation, or reprieve, for any crime of which he is convicted, by Joseph Biden, before the time the next presidential inauguration starts. Otherwise, this market will resolve to "No". For this market to resolve to "Yes", the pardon, commutation, or reprieve must be issued by Joseph Biden within his first presidential term. If it becomes impossible for Joseph Biden issue a federal pardon, commutation, or reprieve within this market's timeframe, it may immediately resolve to "No". The primary resolution source for this market will be official information from the US government, however a consensus of credible reporting will also be used.
There are "taker fees" on this market. The taker fees apply when you match an existing order on the order book, whereas the maker subsidy happens when you place an unmatched order that can be matched later. The taker fees are .075 times the price, times the potential profit (e.g., Taker Fee per share = .1*Price/100*(1-Price/100)). Thus, the taker fee to buy 100 shares at 20 cents would be: 100*.075*(20/100)*(80/100) = $1.20.