Polymarket Traders Score Big As Court Blocks Trump Tariffs—New Entrant Walks Away With 2280% Profit
Posted On May 29, 2025
Polymarket bettors profited handsomely after a federal court struck down President Donald Trump’s “Liberation Day” tariffs on Wednesday.
What happened: The betting contract titled, “Will courts block Trump’s tariffs before June?” resolved to “Yes” on the decentralized prediction platform. The odds soared dramatically from just 4% before the announcement to 100%
As a result, traders who had purchased “Yes” shares saw their profits balloon.
A user named Eridpnc, who had purchased 3,008 “Yes” shares at an average price of $0.32, saw his position increase to $3,008, resulting in a profit of $2,046.99, or 212%.
Similarly, a person using the alias todamoon, who purchased 1,488 shares at …
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