President Zelenskyy’s Suit Sparks $79 Million Fight on Polymarket

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Ukrainian President Volodymyr Zelenskyy’s simple outfit has turned into a million-dollar debate on Polymarket, the popular crypto betting site. What started as a small question, “Will Zelenskyy wear a suit before July?” has now pulled in nearly $79 million in bets, all hinging on whether his jacket and pants combo counts as a suit.

Millions Bet on Zelenskyy’s Outfit

It all began when someone on Polymarket opened a market asking if Zelenskyy would appear in a suit between May 22 and June 30. On June 24, Zelenskyy showed up at a NATO meeting in the Netherlands wearing a dark jacket, shirt, pants, and trainers. Photos and videos spread fast.

Some traders quickly claimed victory, saying this was a suit, but not everyone agreed.

Polymarket initially ruled “yes,” but the result has been challenged twice, leaving millions of dollars locked until a final decision comes through.

This isn’t the first time Polymarket users have fought over Zelenskyy’s clothes. Back in May, a similar bet closed with the same confusion. Derek Guy also weighed in then, claiming the outfit was technically a suit because the jacket and pants were made from the same cloth.

Why Zelenskyy’s Suit Matters

During a highly publicized Oval Office meeting between President Donald Trump and Ukrainian President Volodymyr Zelenskyy in early 2025, Trump openly criticized Zelenskyy, not just for his political stance, but also for his appearance and choice of attire.

Although Zelenskyy has said he will wear a suit again only when Ukraine’s war with Russia is over. Until then, he sticks to military-style clothes to show solidarity with his troops.