<ul data-eligibleForWebStory="false"><li>Polymarket's betting controversy over Ukrainian President Zelenskyy's outfit raised a $79 million gambling debate on whether it was a suit or not.</li><li>Fashion analysts are divided on Zelenskyy's attire, with some considering it a suit due to the matching material, while others view it as casual blazer wear.</li><li>The outfit scandal led to questions on truth verification in decentralized betting markets, with the decision-making process relying on oracles of the UMA Protocol blockchain.</li><li>The $79 million bet on Zelenskyy's outfit exemplifies the challenges faced by decentralized prediction markets like Polymarket, showing how subjective topics like formal attire can become complex under betting conditions.</li></ul>

Zelenskyy’s Outfit Sparks $79 Million Crypto Betting Controversy

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