$7M Trump-Ukraine Mineral Deal Bet on Polymarket Sparks Controversy Over Manipulation Risks Amidst Widespread User Loss
Polymarket’s $7 million betting market was accused of manipulation after resolving incorrectly in favour of “Yes” despite no official agreement. Reports suggest UMA token whales influenced the outcome, causing user losses and raising governance concerns. Polymarket denies market failure and refuses refunds, leaving its future credibility in question.
