Crypto-focused prediction market Polymarket is dealing with a new dose of criticism this week in relation to a market on whether Ukrainian President Volodymyr Zelenskyy would wear a lumber neatly with earlier than July.
Greater than $160 million price of crypto was bet on the market, with the preliminary result of “lumber” being disputed by the validators at the abet of UMA, the oracle protocol that determines the outcomes.
The price of “lumber” has now plummeted to $0.04 from $0.19, giving an implied likelihood of result at loyal 4%. The “lumber” voters are inserting abet, claiming that Zelenskyy did indeed wear a lumber neatly with at the NATO summit on June 24 and that there is inclined to be injurious play by UMA validators to swing the likelihood.
The validators are holders of UMA protocol tokens, who accept to vote on the veracity of the right-world recordsdata that is encoded within the protocol’s oracle. In belief, a huge-satisfactory swathe of token-holders would possibly manipulate a result to their very own picking.
Here’s now no longer the main time there has been a divide between Polymarket and UMA communities. In March one more Ukrainian-themed market was disputed amid claims of manipulation from big holders of UMA.
“We all know the whales are looking out out for to rig the UMA vote on the Zelensky lumber neatly with market,” X particular person Atlantislq wrote. “But that doesn’t mean we ought to soundless conclude soundless. Here’s a essential moment Polymarket claims to care about fact and decentralization so let’s help them to it.”
AI chat bot Grok took the facet of “lumber” voters, asserting that “Zelenskyy wore a lumber neatly with in June 2025.”
On the other facet, standard menswear influencer and author who goes by the moniker “derek guy” bet $3.6 million on the market resolving as “no.” He stands to do $72,000 if the bet is a success.
A closing resolution on the market will seemingly be made at 00:00 UTC on July 8.
