Polymarket Pulls Missing US Pilot Market, Faces Questions Over Rules

Date:

- Advertisement -

- Advertisement -

Prediction market platform Polymarket has delisted a controversial betting market concerning the fate of a missing U.S. service member, citing a violation of its internal “integrity standards.” The decision followed significant public and political criticism over the ethics of allowing wagers on a potential humanitarian crisis.

The market in question asked users to bet on whether U.S. authorities would confirm the rescue of a pilot reportedly shot down over Iran. At the time of its removal, over 60% of the betting volume indicated that users did not expect a rescue to be confirmed by the upcoming Saturday deadline.

- Advertisement -

U.S. Representative Seth Moulton (D-MA) sharply criticized the market, calling it “dis

- Advertisement -

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

We don’t spam! Read our privacy policy for more info.

spot_imgspot_img

Popular

More like this
Related

Democrats Question CFTC Chair on Insider Trading in Prediction Markets

The seven House members may have affirmed the commission‘s...

Bank of Korea and Bank of France hold talks on digital assets

Central banks are doubling down on the intersection of...

Argentina’s President Milei faces renewed scrutiny after evidence suggests deeper ties to LIBRA scandal

New Evidence Suggests Deeper Ties Between Argentine President Milei...

Nevada Judge Extends Kalshi Ban, Rules Event Contracts Unlicensed Gambling

A pivotal legal showdown over the nature of prediction...