A lighthearted bet about Ukrainian President Volodymyr Zelenskyy’s fashion choices has turned into a crypto-fueled frenzy.
On Polymarket, a decentralized betting platform, nearly $79 million is now staked on a simple question: did Zelenskyy wear a “suit” before July?
The wager gained traction after Zelenskyy appeared at a NATO event in late June wearing a coordinated jacket and pants — paired with sneakers. While some bettors quickly claimed it fit the bill, others argued the ensemble wasn’t formal enough to qualify.
Polymarket initially ruled in favor of those betting “yes,” but the decision was challenged twice, freezing millions in disputed funds. The debate now hinges on whether matching fabric qualifies something as a suit or if traditional formality — including dress shoes — is required.
This isn’t the first time Zelenskyy’s attire has stirred controversy. In a previous bet earlier this year, similar confusion erupted over his jacket-pants combos. Fashion commentator Derek Guy had previously argued that matching garments count as a suit by technical definition.
Adding fuel to the fire was a January meeting at the White House where Donald Trump mocked Zelenskyy’s casual clothing, contrasting it with the Ukrainian leader’s decision to forgo suits during wartime.
Zelenskyy has made it clear: until the war ends, he won’t return to formalwear — a stance rooted in solidarity with Ukrainian soldiers. But for now, his outfit is the centerpiece of one of Polymarket’s most bizarre high-stakes showdowns.
Alexander Stefanov
Reporter at Coindoo
Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over 8 years of experience covering the crypto, blockchain and fintech industries, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics.
Source: https://coindoo.com/crypto-gamblers-pour-79m-into-bet-over-zelenskyys-wardrobe/