Prediction Market Platform Polymarket Confronts $170,000 Lawsuit Over Disputed Trump Statement Wager

The major prediction market platform Polymarket is facing a lawsuit from a participant who claims he was shortchanged on a substantial winning bet.

Bettor Jesús Manuel Gonzalez Hernandez has sued Polymarket for $170,000 in damages, claiming that he correctly predicted that President Donald Trump would say “Khamenei,” reports the New York Post.

Polymarket allows traders to buy and sell shares on outcomes of current events. As part of its recurring series “What will Trump say this week?”, participants placed yes-or-no bets on whether Trump would say the words “Khamenei” or “Ayatollah” during the week of March 15th.

Hernandez says he bought 170,000 “yes” shares for $300, and the payout for a winning bet would have been $170,000. Hernandez’s lawsuit alleges that Trump said “Khamenei” twice on board Air Force One during the week of March 15th. Lawyers for Gonzales say White House transcripts of the exchange and video of the president speaking serve as evidence to their client’s claim.

But Polymarket resolved the market against the bettor and pointed to a possible mispronunciation or reference to Ruhollah Khomeini, a prior Iranian leader who died decades earlier.

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