ETFStore President: Polymarket is accused of market manipulation due to its higher transparency
In response to voices in the industry claiming that Polymarket's prediction market is suspected of manipulation, Nate Geraci, president of ETFStore, posted on platform X saying that he can understand why people now despise cryptocurrencies and things like Polymarket. In the past, the prediction market was like a black box where no one knew who was buying and selling; instead, people felt "the market is always right". Now that buyers and sellers in the prediction market can be publicly seen, it is accused of being manipulated.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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