BUSINESSDECRYPT
Traders Sue Polymarket Over 'No' Ruling on Strategy Bitcoin Sale
Traders are suing Polymarket over a post-event rule change that invalidated their 'Yes' bets on Strategy's Bitcoin sale. The plaintiffs claim the rule alteration caused their winning bets to become losses.
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Adjacent reporting
- New York Attorney General sues Coinbase, Gemini for ‘illegal gambling’ on prediction market platforms
- Wisconsin sues Kalshi, Polymarket, others over sports event contracts
- CFTC sues New Mexico in latest bid to assert authority over sports betting markets
- Wisconsin sues Kalshi, Polymarket, Robinhood, Crypto.com and Coinbase over sports event contracts
- CFTC sues Rhode Island over actions against prediction markets
- Strategy’s Bitcoin sale causes clash for $80M in Polymarket bets