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Traders bet over $59 million on whether Polymarket would launch its US platform by year's end. A soft launch led to confusion and disagreement over what constitutes a "live" event, resulting in a blockchain vote favoring a launch that some users contest. Payouts remain unresolved.
Polymarket is facing scrutiny for allowing betting on ongoing military conflicts, a move that many prediction-market platforms avoid. This controversial approach raises questions about legal and ethical boundaries in the prediction market space.