Polymarket took down wagers tied to rescue of downed Air Force officer

1 week ago 11

A Democratic congressman had harsh disapproval for Polymarket for allowing users to stake connected the day the United States would corroborate the rescue of Air Force work members changeable down implicit Iran.

In a societal media post connected Friday, Representative Seth Moulton wrote, “They could beryllium your neighbor, a friend, a household member. And radical are betting connected whether oregon not they’ll beryllium saved. This is DISGUSTING.” (President Donald Trump announced aboriginal Sunday that the 2nd work member, a weapons strategy officer, has been rescued.)

Moulton besides described Polymarket arsenic a “dystopian decease market” and noted that Donald Trump Jr. is an investor. The congressman precocious banned his unit from participating successful prediction markets similar Polymarket and Kalshi. 

Polymarket responded that it had taken the marketplace down “immediately” for not gathering the company’s integrity standards.

“It should not person been posted, and we are investigating however this slipped done our interior safeguards,” the institution said.

Polymarket antecedently saw hundreds of millions of dollars traded connected contracts tied to the bombing of Iran by the United States and Israel.

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