Polymarket defends its decision to allow betting on war as ‘invaluable’

Source: The Verge

Polymarket’s decision to allow betting on war

Polymarket has been allowing users to bet on when the United States would strike Iran next. Now that the conflict has actually occurred and resulted in casualties, the prediction‑betting market is facing increased scrutiny. The platform has previously been embroiled in controversy, including allegations of insider trading related to the Super Bowl halftime show and the capture of Venezuelan President Nicolás Maduro.

In a statement posted on its site, Polymarket defended its decision to permit wagering on the potential start of a war, describing it as an “invaluable” source of news and answers. The statement also criticized traditional media and Elon Musk’s platform X.

Read the full story at The Verge