Polymarket: no evidence of market manipulation in US election betting
On October 25, The Block reported that the giant whale behind the control of four accounts on Polymarket was a French trader who spent more than $45 million betting on Trump to win the U.S. presidential election.
A Polymarket spokesperson said, “Based on the investigation, it is understood that this individual is taking a directional position based on his personal views on the election. In addition, our investigation to date has not uncovered any information suggesting that the user manipulated or attempted to manipulate the market. The user has agreed not to open any more accounts.
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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