Participants in this market will speculate on whether Sam Bankman-Fried (SBF) will receive a prison sentence of 50 years or more. As the founder of the now-defunct cryptocurrency exchange FTX faces legal scrutiny, the stakes are high, and the implications of his potential sentencing are far-reaching, touching on issues of regulatory oversight and the future of cryptocurrency markets. This market will close to new bets and adjustments on the eve of SBF's sentencing hearing, as officially scheduled by the court on March 28, 2024. The resolution will be determined based on the actual prison sentence announced by the presiding judge. If SBF is sentenced to 50 years or more in prison, the market will resolve to “Yes”. If the sentence is less than 50 years, the market will resolve to “No”. The market will also resolve to “No” if SBF is acquitted of all charges. It's important for traders to note that the resolution will be based on the initial sentence declared, regardless of any subsequent appeals or sentence modifications that may occur after the market's closing date.

Advisory committee motion 0x643c...0c47