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Polymarket Faces Backlash Over Resolving Disputed $7 Million Trump-Ukraine Market
Decentralized prediction market platform Polymarket has faced a significant backlash after it emerged that the platform had resolved a disputed market worth $7 million, involving former US President Donald Trump and Ukraine. The controversy has sparked widespread criticism of the platform’s handling of the matter.
As reported by UMA (Universal Market Access), Polymarket has been criticized for its decision to settle the dispute in favor of one side, despite both parties not reaching a consensus.
The dispute reportedly centered on a prediction market involving Donald Trump and Ukraine. According to sources close to the issue, the two sides were at odds over the outcome of a disputed event.
Following the settlement, Polymarket has come under fire for its handling of the situation. Many have questioned the platform’s decision-making process, arguing that it favors one side over another.
In response to the backlash, both UMA and Polymarket are working closely together to address the concerns raised by users.
Source: https://cryptoslate.com/polymarket-faces-backlash-over-resolving-disputed-7-million-trump-ukraine-market/
