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Crypto traders ‘talking to lawyers’ over Polymarket’s Zelenskyy suit bet

Disgruntled suit traders are planning legal action against Polymarket and have accused the crypto platform of market manipulation and fraud.

Polymarket’s $58M Zelenskyy suit bet will be decided today

The controversial Volodymyr Zelenskyy market is now up for final review after UMA token holders refused to accept that he wore a suit.

A Polymarket market has erupted in a dispute over whether or not Ukrainian President Volodymyr Zelenskyy wore a suit to a NATO summit.

Qilin claims that the data stolen from Ukraine’s Ministry of Foreign Affairs includes private correspondence and personal information.

Ukraine is expected to legalize crypto in 2025 and will likely follow the securities model of taxing profits when assets are converted.