Crypto
Caroline Ellison Most Likely Won’t Serve Time, Polymarket Traders Bet
Traders on Polymarket are closely watching the outcome of Elizabeth Holmes’ trial, with bets being placed on whether or not she will receive prison time. Currently, shares for “no prison time” are trading at 48 cents, indicating a 48% chance of her being released. Each share pays out $1 in USDC, a cryptocurrency equivalent to one dollar, if the prediction proves to be accurate.
Despite the uncertainty surrounding the case, market participants are eagerly anticipating the final verdict. The outcome of this high-profile trial could have significant implications for both Elizabeth Holmes and the future of the healthcare technology industry.