Did Polymarket Just Ignore Proof in $160M Zelenskyy No Suit Bet?
A $160 million prediction market bet on Polymarket regarding Ukrainian President Volodymyr Zelenskyy's attire has sparked controversy. The platform allegedly disregarded submitted proof, raising questions about the integrity of decentralized prediction markets.
The bizarre wager, which asked whether Zelenskyy WOULD wear a suit before July, highlights both the speculative nature of crypto-based markets and the challenges of moderating subjective contracts. Market participants now debate whether this incident represents a flaw in decentralized oracle systems or simply an outlier case.