Ukrainian President Volodymyr Zelenskyy’s outfit at a June 24 NATO assembly within the Netherlands has turn into the focus of a fierce dispute between Polymarket bettors.
A person on Polymarket, a crypto-based prediction platform, created a betting market that requested whether or not Zelenskyy would put on a swimsuit earlier than July. To settle the wager, a photograph or video should present Zelenskyy carrying a swimsuit between Might 22 and June 30.
The market racked up almost $79 million in quantity. The consequence initially landed on “sure,” however has been disputed twice since and now awaits a closing choice.
On July 1, Polymarket mentioned it was conscious of a dispute on this market, and that on the time, “a consensus of credible reporting has not confirmed that Zelenskyy has worn a swimsuit.”
Arguments over what makes a swimsuit
Debate over Zelenskyy’s ensemble has these on social media questioning whether or not it’s a swimsuit, a becoming blazer with a collared shirt and lengthy pants, or if the trainers disqualify it from the swimsuit classification.
These in favor argue that it’s all produced from the same fabric, with related colours and has a proper look like a swimsuit, with cuts and elegance being irrelevant.
These towards are saying it’s a black shirt and a black jacket that resembles an off-the-cuff blazer moderately than a standard swimsuit jacket, and his trainers don’t match the remainder of the outfit, making it not technically a full conventional swimsuit.
A community-run Polymarket account on X, Polymarket Intel, categorized the Ukrainian President’s outfit as a swimsuit.
ChatGPT, when requested by Cointelegraph, mentioned the outfit was not thought-about a swimsuit because it lacks key components of a standard swimsuit. It known as it a military-style area jacket or tactical coat.
President Zelenskyy in a swimsuit final evening pic.twitter.com/Uo3Rhuzkq1
— Polymarket Intel (@PolymarketIntel) June 25, 2025
In the meantime, Canadian males’s style business author and commentator Derek Man, often known as the menswear man on X, didn’t do a lot to resolve the dispute, saying on June 26 he thinks Zelenskyy’s outfit is “each a swimsuit and never a swimsuit.”
Second time’s the appeal
This isn’t the primary time Zelenskyy’s outfit has induced points on Polymarket. One other related betting market closed on Might 31 and sparked a debate about whether or not a similar-looking outfit Zelenskyy wore in a gathering in Germany that month was a swimsuit.
Polymarket ultimately decided that it wasn’t a swimsuit. Derek Man additionally weighed in on that debate to declare that Zelenskyy was technically carrying a swimsuit, which is outlined as “only a garment the place the jacket and pants have been reduce from the identical fabric.”
Zelenskyy has been blasted for not carrying a swimsuit to formal conferences with world leaders.
Zelenskyy himself mentioned he would put on a swimsuit once more when the struggle towards Russia ended, Politico reported on March 22.
A March 5 report by the Ukrainian media outlet The Kyiv Unbiased additionally defined that the Ukrainian President prefers a extra informal military-style outfit as a result of the struggle continues to be ongoing, and if he “places on a swimsuit, it means he agrees that the struggle is over.”
Polymarket controversy
Polymarket has been on the middle of a number of different controversies this yr, such because the proposed TikTok ban in January, with arguments over the technical particulars of the end result as a result of the platform was banned however nonetheless obtainable to be used when the betting market closed.
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Polymarket employs UMA Protocol’s blockchain oracles for exterior knowledge to settle market outcomes and confirm real-world occasions.
The UMA has confronted allegations of going rogue up to now, or somebody manipulating the oracle, like within the case of the wager over a $7 million Ukraine mineral deal in March.
In the meantime, a report on Thursday from blockchain-powered financial database Truf.Community argued that proving the reality will be difficult as a result of your complete market depends on “belief within the knowledge,” and it’s usually “fragmented, unverifiable, and too usually, manipulable.”
“It’s not about who decides the reality, however whether or not everybody can confirm it. When nobody can confirm a worth, who received, what the rating was, or even when it rained yesterday, the market itself collapses,” it mentioned.
“If the individual verifying the end result can also be betting on the sport, fact turns into debatable.”
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