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The Defiant 2025-03-27 14:22:52

Polymarket’s $7M Ukraine Mineral Deal Debacle Traced to Oracle Whale

Polymarket will not reimburse bettors after a prediction market was resolved early with an inaccurate result. The market about whether Ukraine would agree to a deal with the Trump Administration for rare earth minerals was supposed to resolve either when a deal was reached or by March 31, whichever came sooner. Instead, it appears that a whale with as much as five million governance tokens for the UMA oracle used by Polymarket was able to force through a premature “Yes” resolution that such a deal had been made. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

https://www.digistore24.com/redir/325658/ceobig/
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