Resignation – Earlybirds Invest

Trading flurry follows online speculation about Trump’s health.

The White House disclosed on July 17 that the president was diagnosed with chronic venous insufficiency after leg swelling, with testing ruling out deep-vein thrombosis and cardiac issues, per an official physician memorandum posted by The White House.

Viral claims that Trump has “six to eight months to live” have been surfacing online based on “internet doctors’” assessment of the bruises on his hands. However, on Monday, Trump was reportedly photographed golfing near Washington, D.C., which added a fresh data point against “missing from public view” narratives, as People reported from the press pool.

In odd timing (for those indulging in conspiracy theory), VP J.D. Vance recently asserted that he is ready to be President should anything happen to Trump. Some have also claimed the images of Trump from this weekend are either a lookalike, fake, old, or show the president in very frail shape.

By 2 P.M. today, much of the social media weekend Zeitgeist will be solved, and millions will be paid out to those betting on the outcome via crypto’s always-present Polymarket prediction markets.

Rumor-driven markets can move fast, then mean-revert when new reporting lands. Today’s setup centers on the Oval Office announcement window and whether it alters the information environment that underpins these contracts.

Until that catalyst arrives, Polymarket’s same-day resignation line remains priced as a tail event, and the year-end resignation and removal contracts trade in the single digits.

Mentioned in this article

Tomas Jirikovsky, the creator of the darknet site Sheep Marketplace, has been detained in the Czech Republic over a Bitcoin transfer linked to the resignation of Pavel Blazek, the country’s former Justice Minister.

The case centers on a payment of 468 BTC
BTC

$117,056.12

, worth about $45 million at the time. The local media outlet Deník N reported on August 15 that the payment was made to the minister in an attempt to avoid a new prison sentence.

On August 14, Chief State Prosecutor Radim Dragoun stated that officers were “securing people and things”. He explained that the matter had recently been separated from other proceedings to be handled on its own.

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Although the official statement did not confirm any arrest, Deník N named Jirikovsky as the person taken into custody. He tried to get away by climbing onto the roof of his home during the police raid, but was caught later.

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Jirikovsky is known for setting up Sheep Marketplace, an online platform used for selling drugs, weapons, and fake goods. Reports from Seznam Zprávy suggested he earned about 680 BTC from running the site, which launched in 2013 when Bitcoin was trading near $100.

After closing the site, Jirikovsky allegedly took another 841 BTC from its users, both buyers and sellers, which brought his total Bitcoin holdings to at least 1,500 BTC. These actions have long been the subject of investigations and public debate.

Recently, Zero Edge was shut down, and its former leader is facing civil and criminal cases over how the company’s funding was spent. What did the case unfold? Read the full story.