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Trader Alleges Unfair Polymarket Ruling Cost Him $500K in Strategy Bitcoin Market


Trader Alleges Unfair Polymarket Ruling Cost Him $500K in Strategy Bitcoin Market

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  • A Polymarket trader lost about $500K after a disputed resolution on a Strategy Bitcoin sale market.
  • Strategy’s filing confirmed a 32 BTC sale before May 31, supporting a YES outcome.
  • Polymarket ruled that confirmation had to exist before the deadline, not emerge afterward.

Polymarket trader willo2 has accused the prediction market platform of unfairly resolving a market about whether MicroStrategy sold Bitcoin before May 31. He claims the decision cost him roughly $500,000.

The trader alleged that Polymarket changed its interpretation of the market rules after Strategy disclosed a Bitcoin sale. According to him, the move allowed the market to resolve against traders who had bet that a sale occurred.

Strategy’s Confirmed Bitcoin Sale

According to willo2, he was the largest holder of YES shares in Polymarket’s “MicroStrategy sells Bitcoin by May 31st” market.

Read The Full Article Trader Alleges Unfair Polymarket Ruling Cost Him $500K in Strategy Bitcoin Market On Coin Edition.

Read the article at CoinEdition

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Coins

$ 63.90K

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$ 0.00186


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