Polymarket User Earns 198% Return on 'Trump Will Pardon CZ' Bets

Polymarket User Earns 198% Return on 'Trump Will Pardon CZ' Bets

Polymarket odds of CZ’s potential return to Binance surged following Trump’s reported pardon, with one trader profiting ¥8.5 million amid heightened market volatility.

TRUMP

Fact Check
The assessment is "likely_true" with high confidence based on strong, corroborating evidence from multiple sources, including one source that directly affirms every component of the statement.The most critical piece of evidence is the Phemex News article, which explicitly states that a trader achieved a "198% return, profiting $56,824, on a Polymarket bet that Donald Trump would pardon Changpeng Zhao (CZ)." This source directly supports all elements of the claim: the platform (Polymarket), the event (Trump pardoning CZ), and the specific return percentage (198%). Although this source has a moderate authority rating (0.60), its relevance is maximum (1.00) as it addresses the claim head-on.This direct evidence is substantially reinforced by several high-authority sources. TheStreet confirms the general narrative that a trader successfully profited on Polymarket from this specific prediction. The public activity log from Polymarket for user '@bigwinner01' serves as primary evidence that users were actively trading and closing positions in the 'Will Trump pardon Changpeng Zhao in 2025?' market. Furthermore, multiple links to the Polymarket platform itself and a CNBC report confirm the existence of the market and the occurrence of the pardon, respectively, establishing the factual basis for such a bet to exist and resolve successfully.There is no conflicting evidence among the provided sources. While most sources do not mention the specific 198% figure, their content is entirely consistent with the claim. The absence of this specific detail in other reports is not a contradiction. The combined weight of a source directly stating the claim and multiple high-authority sources corroborating every contextual detail makes the original statement very likely to be true.
Summary

After reports that U.S. President Donald Trump pardoned Binance founder Changpeng Zhao (CZ), Polymarket odds for his potential return to Binance spiked from 14% to 68% before stabilizing around 37%. The surge reflected increased trader activity and speculation. One participant reportedly earned ¥8.5 million in profit from these trades, underscoring the significant volatility and rapid sentiment shifts surrounding CZ’s status and Trump’s political decisions.

Terms & Concepts
  • Polymarket: A decentralized prediction market platform allowing users to bet on real-world events using cryptocurrency.
  • Binance: One of the world's largest cryptocurrency exchanges, founded by Changpeng Zhao (CZ).