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Polymarket removes rescue bet market
TechCrunch·
Prediction market platform Polymarket has removed a market that allowed users to wager on the confirmation date of a downed Air Force officer's rescue. The decision followed criticism from Representative Seth Moulton, who labeled the market a "dystopian death market." Moulton expressed disgust that people were betting on the fate of service members. Polymarket stated the market was taken down immediately for violating integrity standards and is under internal investigation. This incident follows previous high-volume trading on markets related to geopolitical events.
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regulation
fintech
legal
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