The negative probability of "Court orders Trump to refund tariffs" on Polymarket surpasses 80%

BlockBeats News, February 22 — According to data from the prediction platform Polymarket, the market currently estimates a 19% chance that a court will order Trump to refund tariffs before July 2026, with the probability of denial rising to 82%.

BlockBeats previously reported that on February 20, the U.S. Supreme Court ruled 6-3 that Trump’s trade tax policy was unlawful. The Supreme Court determined that the International Emergency Economic Powers Act (IEEPA) does not authorize the president to impose tariffs. It upheld the lower court ruling from the U.S. Federal Circuit Court of Appeals, which found Trump’s tariffs to be illegal.

Subsequently, Trump called the Supreme Court ruling a “disgrace.” Trump stated that after the ruling, he had alternative plans regarding the tariffs.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Polymarket data: the probability that FDV exceeds $100 million on the day after launch for Predict.fun is 82%

Gate News message, on March 31, Polymarket data shows that the probability of predicting that Predict.fun will launch the day after FDV exceeds $100 million is 82%, the probability of exceeding $50 million is 94%, the probability of exceeding $200 million is 63%, the probability of exceeding $300 million is 48%, and the probability of exceeding $400 million is 36%. As of now, the trading volume of this prediction market has already exceeded $2.98 million.

GateNews4h ago

U.S. prediction markets face a legislative crackdown, as multiple bills are set to ban election and sensitive event contracts

The U.S. prediction market industry faces legislative pressure amid rapid expansion, with monthly trading volume rising from $1.2 billion to $20 billion. Six bills are being advanced by Congress, covering contracts that would prohibit insider trading and related sensitive events, while multiple states have filed lawsuits against the relevant platforms and regulation is tightening.

GateNews4h ago

Binance Wallet Prepares Prediction Markets Rollout Through Third-Party Integration

Binance Wallet plans to integrate prediction markets by partnering with third-party services like Predict.Fun, a decentralized protocol on BNB Smart Chain. This strategy allows users to trade outcomes within the wallet while maintaining separation from market infrastructure.

CryptoNewsFlash5h ago

Fomoin Partners With FORECASTa to Deliver AI-Powered Crypto Predictions

Fomoin and FORECASTa have partnered to enhance crypto market predictions through AI and community insights. This collaboration aims to provide users with actionable analytics, integrating human intuition with AI to improve decision-making in prediction markets.

BlockChainReporter5h ago

Binance Set to Introduce Prediction Market Feature in Its Wallet

Binance is set to launch a prediction market feature, aggregating third-party platforms. Currently, it primarily uses Predict, enabling users to bet on various future outcomes across different sectors. Competitors like Coinbase have already entered this market.

CryptoPotato8h ago
Comment
0/400
No comments