{"id":35553,"date":"2025-07-07T15:32:17","date_gmt":"2025-07-07T15:32:17","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=35553"},"modified":"2025-07-07T15:32:17","modified_gmt":"2025-07-07T15:32:17","slug":"polymarket-embroiled-in-160m-controversy-over-whether-zelensky-wore-a-suit-at-nato","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=35553","title":{"rendered":"Polymarket Embroiled in $160M Controversy Over Whether Zelensky Wore a Suit at NATO"},"content":{"rendered":"
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Crypto-focused prediction market Polymarket is facing a fresh dose of criticism this week in relation to a market on whether Ukrainian President Volodymyr Zelenskyy would wear a suit before July.<\/p>\n

More than $160 million worth of crypto was bet on the market<\/a>, with the initial outcome of “yes” being disputed by the validators behind UMA, the oracle protocol that determines the results.<\/p>\n

The price of “yes” has now plummeted to $0.04 from $0.19, giving an implied probability of outcome at just 4%. The “yes” voters are striking back, claiming that Zelenskyy did indeed wear a suit at the NATO summit on June 24 and that there could be foul play by UMA validators to swing the decision. <\/p>\n

The validators are holders of UMA protocol tokens, who get to vote on the veracity of the real-world data that’s encoded in the protocol’s oracle. In theory, a large-enough swathe of token-holders could manipulate a result to their own choosing.<\/p>\n

This is not the first time there has been a divide between Polymarket and UMA communities. In March another Ukrainian-themed market<\/a> was disputed amid claims of manipulation from large holders of UMA.<\/p>\n

“We all know the whales are trying to rig the UMA vote on the Zelensky suit market,” X user Atlantislq wrote<\/a>. “But that doesn\u2019t mean we should stay silent. This is a critical moment Polymarket claims to care about truth and decentralization so let\u2019s hold them to it.”<\/p>\n

AI chat bot Grok took the side of “yes” voters<\/a>, saying that “Zelenskyy wore a suit in June 2025.”<\/p>\n

On the other side, popular menswear influencer and writer who goes by the moniker “derek guy” bet $3.6 million on the market resolving as “no.” He stands to make $72,000 if the bet is successful.<\/p>\n

A final resolution on the market will be made at 00:00 UTC on July 8.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Crypto-focused prediction market Polymarket is facing a fresh dose of criticism this week in relation to a market on whether Ukrainian President Volodymyr Zelenskyy would wear a suit before July. More than $160 million worth of crypto was bet on the market, with the initial outcome of “yes” being disputed by the validators behind UMA, […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-35553","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/35553","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=35553"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/35553\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=35553"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=35553"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=35553"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}