Polymarket's $50M Zelenskyy suit bet nears resolution

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Polymarket's $50M Zelenskyy suit bet nears resolution

AI summary of the linked article

Polymarket's market on whether Ukrainian President Volodymyr Zelenskyy would wear a suit before July, worth nearly $58 million, is nearing final resolution amid allegations of manipulation. The market required a "Yes" if Zelenskyy was photographed or videotaped in a suit between May 22 and June 30, based on credible reporting consensus. Zelenskyy wore a collared shirt, black blazer and matching pants at a NATO summit in The Hague on June 24, which BBC, Reuters and the New York Post described as a suit. UMA, the oracle protocol Polymarket uses, has overturned initial "Yes" resolutions twice, with a final vote expected by July 4 at 2:09 AM ET.

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