Jun 2
Polymarket users challenge outcome of $80M Strategy Bitcoin bet
A disputed Polymarket market worth more than $80 million has entered final review after Strategy revealed it sold 32 Bitcoin before the market's May 31 deadline.
➤ A $80 million Polymarket bet on Strategy's Bitcoin sales is under dispute after the company disclosed selling 32 BTC before the May 31 deadline, but after the disclosure date. ➤ Polymarket proposed a 'No' resolution, citing the lack of public confirmation before the deadline, while users argue the sale's occurrence should determine the outcome. ➤ The final decision now rests with UMA tokenholders, highlighting a debate over technicalities versus the truth of the underlying event in prediction markets.