As President Yoon's Verdict Date is Set... Impeachment Probability Soars to 64% on Polymarket

Uk Jin

Summary

According to Polymarket, the probability of President Yoon Suk-yeol's impeachment before May has risen to 64%.
The Constitutional Court announced that the impeachment verdict for President Yoon Suk-yeol will be delivered on April 4, and the decision will determine whether the president returns to duty.
A decision to uphold the impeachment requires the consent of at least 6 out of 8 justices.

According to Polymarket, the world's largest blockchain-based prediction market, overseas gamblers have estimated a 64% probability of President Yoon Suk-yeol's impeachment before May.

Earlier, on the same day, the Constitutional Court announced through a notice that "the verdict on President Yoon Suk-yeol's impeachment case will be delivered at the Grand Courtroom at 11 a.m. on April 4." This comes 111 days after the impeachment motion against President Yoon passed the National Assembly on December 14 last year, and 35 days after the final arguments on February 25.

If the Constitutional Court upholds the impeachment motion, President Yoon will be removed from office, and if dismissed or rejected, he will immediately return to his duties. A decision to remove requires the consent of at least 6 out of the 8 current justices.

The National Assembly impeached President Yoon on the grounds that he violated the Constitution and laws by declaring martial law on December 3 last year and deploying the military to the National Assembly and the National Election Commission.