🚨Polymarket's: BANKS FAILURE
announces the resolution of its prediction market to >99% yes on a U.S. bank failure by January 31, 2026, driven by the FDIC seizure of tiny Chicago-based Metropolitan Capital Bank & Trust (assets ~$261M) on January 30.
The attached chart shows probability surging from 85% to near 100% that day, with Yes shares trading at 0¢—a windfall for early Yes bettors amid $693K in volume.
Thread reactions highlight the bank's negligible scale versus giants like SVB ($175B), spark debates on market wording ambiguity (e.g., "U.S. Bank" as a proper noun), and draw accusations of pump-and-dump tactics.
#Polymarket #USbank #BankFailure #USPPIJump #USGovShutdown
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