Up to date news is that Polymarket has recently faced significant backlash for refusing to pay out bets related to the odds of a U.S. military invasion in Venezuela, not specifically a single $400,000 bet, but involving a large number of affected users and over $10.5 million in total. Some expect lawsuits to follow.
Appears they are in the same boat as Ebay, whom has been stone walling payments to merchants often over dubious claims for many years. It should be noted that Ebay has been class action sued more than once. Here on HN you can search for and discover many similar claims against the payment processor STRIPE.
DivingForGold•3w ago
Up to date news is that Polymarket has recently faced significant backlash for refusing to pay out bets related to the odds of a U.S. military invasion in Venezuela, not specifically a single $400,000 bet, but involving a large number of affected users and over $10.5 million in total. Some expect lawsuits to follow.
Appears they are in the same boat as Ebay, whom has been stone walling payments to merchants often over dubious claims for many years. It should be noted that Ebay has been class action sued more than once. Here on HN you can search for and discover many similar claims against the payment processor STRIPE.