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Israeli Supreme Court accuses Justice Minister Levin of worsening judge shortage

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Supreme Court justices have accused Justice Minister Yariv Levin of worsening Israel’s judge shortage, adding fuel to the ongoing constitutional crisis. The market for Netanyahu being out of power by June 30 sits at 5.5% YES, down from 6% a day ago.

Market reaction

The accusation against Levin, a close Netanyahu ally, has raised tensions in Israel’s judicial reform conflict. The Netanyahu out by June 30 market held steady at 6% for the past week before this drop, with $566 in daily USDC volume. The April 30 market is at 0.6% YES, showing almost no confidence in an immediate exit.

Why it matters

The spread between April and June odds suggests traders see mid-year as a more likely inflection point. With 73 days left for June and only 12 for April, the term structure shows a 5-point gap, meaning traders expect a possible catalyst closer to June tied to the judiciary’s clash with the executive branch.

Trading context

Total USDC volume across all sub-markets is $1,011, which is thin. The largest single move was the drop from 6% to 5.5% over the past day. Order book depth requires over $10,000 to move the June odds by 5 points, limiting retail impact but leaving room for institutional influence.

This judicial accusation could increase political pressure on Netanyahu’s government, though it isn’t a decisive blow on its own. At 5.5¢, a YES share pays $1 if Netanyahu exits by June 30, a 18x return. To justify that bet, you’d need to believe in a serious escalation of the judicial standoff within 73 days.

What to watch

Watch the Israeli Supreme Court and any Knesset developments, particularly statements from coalition partners Bezalel Smotrich and Itamar Ben-Gvir. Movement from either could signal fractures in Netanyahu’s coalition.

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Source: https://cryptobriefing.com/israeli-supreme-court-accuses-justice-minister-levin-of-worsening-judge-shortage/

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