Polymarket Apologizes For Taking Bets On American Pilots Downed Over Iran | Defector
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Polymarket Apologizes For Taking Bets On American Pilots Downed Over Iran | Defector
"Polymarket then posted what they call a 'market' on when the rescue mission would be complete. Users who paged over to Polymarket's Iran tab would have scrolled by 'Kharg Island no longer under Iranian control by...?' and 'Hezbollah military action against Israel on...?' to get to 'US confirms pilots rescued by...?'"
"Polymarket removed the wager and said in a statement, 'We took this market down immediately as it does not meet our integrity standards. It should not have been posted, and we are investigating how this slipped through our internal safeguards.'"
"U.S. Rep. and Marine Corps veteran Seth Moulton called it 'DISGUSTING,' and later told CNBC, 'Polymarket didn't take that market down because it violated their standards. They took it down because we called them out.'"
Polymarket encountered criticism for posting a betting market on the completion of a U.S. military rescue mission after an F-15 was shot down. Users expressed outrage over the nature of the bet involving military personnel. In response, Polymarket removed the wager, citing integrity standards. U.S. Rep. Seth Moulton condemned the situation, suggesting the removal was prompted by public outcry rather than internal standards. Prediction markets typically allow bets on various topics, but this incident raised ethical concerns regarding military-related wagers.
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