FBI raids Polymarket founder’s home in criminal probe of election betting platform
The 2022 settlement with the Commodity Futures Trading Commission required Polymarket to pay a $1.4 million penalty for operating an illegal unregistered "event markets" that allowed users to bet on events taking place in the future, such as who will win a ...
On Polymarket, users can bet on events with binary outcomes. As people place bets on something, the odds of the outcome ...
The US Justice Department is investigating crypto predictions-betting platform Polymarket for allegedly accepting trades ...
The crypto-based prediction market platform, which operates in cryptocurrency and is technically off-limits for US residents, ...
Polymarket has been allegedly accused of manipulating market results. Polymarket’s “U.S. Presidential Election Winner” ...
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Polymarket users buy shares depending on which outcome they think is more likely. Share prices or “odds” rise and fall depending on demand. So if the event happens the way the trader predicted, the ...
The French Polymarket ‘whale’ raked in more than $50 million more than previously reported on President-elect Donald Trump’s ...
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