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Indict

Trade: Les Wexner charged by June 30?

7% YES 93% NO

Opened · Settles

Resolution criteria on PolyGram: This market will resolve to “Yes” if any Federal or State jurisdiction of the United States formally charges or otherwise announces a criminal indictment of Leslie Wexner between market creation and June 30, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”. For the purposes of this market the District of Columbia and any county, municipality, or other subdivision of a State shall be included within the definition of a State. The primary resolution source for this market will be official information from US governmental sources, however a wide consensus of credible reporting will also be used.

PolyGram is an on-chain prediction market where you trade YES or NO outcome shares with real USDC on Polygon. For this market, buy YES if you believe the event will happen, or NO if you think it won't. Your maximum loss is your stake — winning shares pay $1.00 each at resolution. Unlike sportsbooks, there is no house edge: prices are set by supply and demand from other traders and reflect the crowd's real-time probability.

Liquidity
$4K
Total Volume
$10K
24h Volume
Open Interest
$2K
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Market outcomes

Les Wexner charged by June 30? 7% YES93% NO

Market context

Leslie Wexner, the former chief executive of L Brands and founder of The Limited, has been under federal scrutiny relating to his associations with Jeffrey Epstein and potential financial crimes. The question of whether Wexner will face criminal charges by the end of June 2026 remains unresolved, with the current Polymarket order book pricing this outcome at 7% implied probability—suggesting traders assess formal indictment as unlikely within the specified timeframe.

Historical precedent offers limited direct comparison, though cases involving high-net-worth individuals under investigation for financial misconduct typically extend beyond two-year windows before formal charges materialise. The Martha Stewart insider trading case took approximately two years from initial investigation to indictment; the Bernie Madoff Ponzi scheme investigation spanned decades before charges. Wexner's case involves complex financial entanglements and potential obstruction considerations, which typically lengthen prosecutorial timelines. The relatively low crowd probability reflects both the absence of public charges to date and the compressed remaining investigation window.

Key catalysts for traders include announcements from the Southern District of New York, which has primary jurisdiction over Epstein-related investigations, and any statements from state prosecutors in Ohio or Florida. Recent reporting from financial crime investigations suggests federal prosecutors are focused on asset recovery and financial tracing rather than expedited indictment schedules. The absence of a grand jury subpoena becoming public knowledge, combined with Wexner's advanced age and settlement history with civil plaintiffs, may factor into prosecutorial prioritisation decisions through mid-2026.

Wikipedia Context

  • Les Wexner
    Les Wexner

    Leslie Herbert Wexner is an American billionaire businessman and political activist. He is the co-founder and chair emeritus of Bath & Body Works, Inc. He has been the principal in Abercrombie & Fitch, Victoria's Secret and La Senza, amongst several other retail corporations.

  • Lee Weiner
    Lee Weiner

    Lee Weiner is an author and member of the Chicago Seven who was charged with "conspiring to use interstate commerce with intent to incite a riot" and "teaching demonstrators how to construct incendiary devices that would be used in civil disturbances" at the 1968 Democratic National Convention. He was acquitted of all charges by the jury and convicted on sev

  • Les Webber
    Les Webber

    Lester Elmer Webber was an American Major League Baseball right-handed pitcher who played for six seasons. He played for the Brooklyn Dodgers from 1942 to 1946 and the Cleveland Indians in 1946 and 1948. In 154 career games, Webber pitched 432 innings and had 23 wins, 19 losses, and a 4.19 earned run average (ERA).

  • Leó Weiner
    Leó Weiner

    Leó Weiner was one of the leading Hungarian music educators of the first half of the twentieth century, and a composer.

How this market resolves

Resolution is handled by the UMA optimistic oracle on Polygon. A proposer submits the outcome, a two-hour dispute window opens, and if no one stakes a counter-claim the payout is final. Contested outcomes escalate to UMA token-holder voting. Payouts clear in USDC to the winning side.

How to trade this market step by step

The mechanics for trading "Les Wexner charged by June 30?" are the same as any other PolyGram event contract. Each YES share resolves to $1 if the event happens, or $0 if it doesn't. The current price between 0¢ and 100¢ is the market's probability estimate, set live by the order book.

  1. Sign in on polygram.ink with your email — no full KYC under $1,500 lifetime trading volume.
  2. Deposit USDC on Polygon (lowest fees, ~$0.01 per transaction) or Ethereum. Funds credit after 12 confirmations.
  3. Pick a side. Buy YES if you believe the event will happen; buy NO if you think it won't. The current YES price reflects the market's collective probability.
  4. Size your position. If you stake 100 USDC at 7% YES, you'll receive shares that pay $1429 if YES resolves true — a 1329% gross return. If NO resolves, your shares are worth $0.
  5. Set risk controls (optional). Stop-loss, take-profit, and limit-order types all supported. Use the trade ticket's slippage box to cap your maximum entry price.
  6. Wait for resolution. When the event resolves on-chain via the UMA optimistic oracle, the winning side settles to 100¢ automatically and USDC hits your balance within seconds. Withdrawable to any wallet you control.

How active is this market?

$10K in lifetime turnover and $4K of resting liquidity puts this market in the below the median by volume for indict contracts on PolyGram. Order-book depth is thin — large orders may need to be split across the book or executed as limit orders.

The market has been open for 3 months — the price has had time to stabilise as new information arrived.

Higher-volume markets tend to have tighter spreads and faster price discovery — meaning the displayed YES/NO percentages are more likely to reflect the true crowd-implied probability rather than a single trader's directional view.

Key terms

YES / NO share
A binary outcome token that pays $1.00 if the underlying claim resolves true (YES) or false (NO), and $0 otherwise. The market price between 0¢ and 100¢ is the implied probability.
CLOB
Central limit order book. The matching engine that pairs YES buyers with NO buyers (effectively the same trade). Polymarket's CLOB on Polygon executes trades on-chain via the conditional-tokens framework.
Liquidity
USDC capital sitting in resting limit orders inside the order book. Deeper liquidity means smaller slippage on large trades and a tighter bid-ask spread.
UMA optimistic oracle
The on-chain dispute system that settles each Polymarket market. A proposer submits the outcome, a two-hour challenge window opens, and unchallenged proposals finalise the resolution.
Slippage
The difference between the displayed mid-price and your fill price. Affects market orders most; limit orders avoid slippage but may take time to fill.
Conditional token
ERC-1155 outcome share issued by Gnosis Conditional Tokens on Polygon. The token type that resolves to $1.00 or $0.00 at settlement.

See the full prediction-market glossary →

Frequently asked questions

What is the current probability for "Les Wexner charged by June 30?"?

As of today, traders on Polymarket price this outcome at 7%. The number updates continuously as the order book clears. PolyGram mirrors the same live odds with locale-aware formatting and USDC settlement.

How does this market resolve?

Resolution is handled by the UMA optimistic oracle on Polygon. A proposer submits the outcome, a 2-hour dispute window opens, and if uncontested the payout is final. Contested outcomes escalate to UMA token holders.

When does this market close?

This prediction market is scheduled to close on 30 June 2026. After the resolving event occurs, settlement typically clears within 24 hours once the UMA optimistic oracle confirms the outcome. All payouts are in USDC on the Polygon network.

How can I trade on "Les Wexner charged by June 30?"?

To trade on this prediction market, create a free PolyGram account at polygram.ink, deposit USDC via Polygon, and place a YES or NO order on the outcome you believe in. You can learn more on our how-it-works page. Your maximum loss is limited to your stake — there is no leverage or margin.

What happens when the market resolves?

When the outcome is determined, winning YES shares pay out $1.00 each in USDC, while losing shares pay $0. Settlement is handled by the UMA optimistic oracle on Polygon — a proposer submits the result, a two-hour dispute window opens, and if uncontested, payouts are distributed automatically. You can withdraw your winnings to any Polygon wallet.

Risk and regulatory note

Prediction-market positions can lose 100% of staked capital. Outcomes are uncertain by definition — historical accuracy of crowd-implied probabilities is high in aggregate but not for any single market. PolyGram does not provide investment advice. Trade only with capital you can afford to lose.

Regulatory status varies by jurisdiction. Germany, the United States, and most EU countries treat Polymarket-style event contracts under one of three frameworks: financial derivative, gambling product, or unregulated novel asset. Consult local counsel before trading.

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