welcome
Wired

Wired

Business

Business & Economics

Volodymyr Zelensky’s Clothing Has Sparked a Polymarket Rebellion

Wired
Summary
Nutrition label

74% Informative

A dispute over whether Ukraine president Volodymyr Zelensky wore a suit has torn apart bettors on the gambling site Polymarket .

Polymarket is a platform that allows users to gamble cryptocurrency on the outcome of a particular event.

The dispute comes down partly to a dispute over the definition of a suit.

Critics say the system is vulnerable to abuse by so-called whales with outsized influence.

Polymarket users aggrieved by the likely outcome of the Zelensky prediction market are gathering on Discord to coordinate a response.

Some users say they plan to pursue a lawsuit against Polymarket and UMA .

The final resolution is expected by the evening of July 8 .

Polymarket is in the middle of an aggressive fundraising round led by Peter Thiel's Founders Fund.

VR Score

67

Informative language

60

Neutral language

39

Article tone

semi-formal

Language

English

Language complexity

56

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Affiliate links

no affiliate links