Polymarket, a prediction market platform, has angered traders by refusing to settle $10.5m in bets on a US invasion of Venezuela, arguing the capture of Nicolás Maduro does not qualify. Read the full story on the controversial decision.
An anonymous trader made a £303,000 profit betting on the capture of Venezuela's president, fuelling suspicions of insider knowledge. Discover how prediction markets like Polymarket are changing geopolitical gambling.
Gamblers on prediction markets like Polymarket made huge profits by correctly wagering on the capture of Venezuelan President Nicolás Maduro, highlighting the rise of this controversial form of speculation. Discover how the markets moved.