Hold onto your hats, folks! Between March 24 and 25, a whopping $7 million was wagered on Polymarket, a platform that apparently thinks it’s a real-life episode of “The Price is Right” for geopolitical events. The question? “Ukraine agrees to Trump mineral deal before April?” π The “yes” odds went from a measly 9% to a shocking 100% before the question even had a chance to be answered. You know, like those rigged games at the carnival where you always win a slightly used rubber chicken. π€‘
Is Polymarket Run by a Crypto Goblin? π§
The internet, bless its chaotic little heart, immediately started pointing fingers. “UMA whale,” they cried, “UMA whale!” Apparently, someone with a massive stash of Polymarket’s UMA tokens decided to play God and manipulate the whole thing. Cue the dramatic music and the montage of conspiracy theorists stroking their cats. πββ¬
Polymarket’s “Unprecedented” Explanation π
Naturally, Polymarket had to say something. They admitted the whole thing was a bit of a mess, but refused to give refunds to the poor souls who lost their hard-earned cash. “Not a market failure,” they declared, as if the entire premise of a platform built on gambling on future events wasn’t inherently flawed. They promised to work with the UMA team to prevent future occurrences, which, let’s be real, sounds like trying to herd cats. π±
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2025-03-26 21:53