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Nine anonymous crypto owners hold massive sway over Polymarket outcomes, drawing traders’ ire: report

New York Post Fews App News Provider
Fews App Post Time Hace 23h

Nine anonymous cryptocurrency wallets reportedly hold massive sway over who wins and loses some of Polymarket’s most contested prediction market bets – drawing blowback from a growing number of unhappy traders.   Polymarket’s third-party resolution mechanism over the past year has adjudicated nearly 2,000 financial contracts, including bets on war, elections and geopolitical conflict, according to a Bloomberg News analysis of blockchain records and past votes.   When the outcome of a Polymarket financial contract is challenged, the dispute goes to a vote among holders of UMA, an independent cryptocurrency.

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