Netanyahu corruption trial: Herzog’s legal team starts plea deal talks

Herzog’s legal advisor has begun exploratory plea deal talks with attorneys involved in Benjamin Netanyahu’s corruption trial. The move raises the possibility of a plea agreement that could potentially lead to Netanyahu’s resignation, but it is not yet a formal outcome. In crypto-linked prediction markets, the June 30 contract is trading around 5.5% (labeled YES), only slightly below the earlier 6% level. The June 30 market briefly dipped, while April 30 remains near flat at about 0.2% ahead of resolution. Notably, the June 30 market saw a sharp 44-point spike at around 11:40 AM, driven by a sudden increase in trading activity. The article highlights thin liquidity: the June 30 contract’s face value is $112,761, yet only about $4,125 in USDC has actually traded. With a thin order book, relatively small USDC trades (about $13,746) can shift the June 30 market by roughly 5 points. Key takeaway: these plea deal talks are exploratory, so odds may not move unless there is credible progress toward a formal agreement. Traders should watch for public statements from Herzog or Netanyahu’s legal team and any credible reporting that talks advance beyond initial contact. A confirmed plea agreement would likely cause a sharper repricing across the contracts.