News Explorer — Polymarket Acknowledges Oracle Manipulation But Won't Refund Impacted Users

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Mar 26, 1:46 pm

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Polymarket Acknowledges Oracle Manipulation But Won't Refund Impacted Users

Polymarket faced allegations of market manipulation by UMA whales, leading to disputed outcomes and user dissatisfaction. Despite acknowledging the issue, Polymarket stated it couldn't offer compensation due to the nature of the situation. The company is collaborating with the UMA team to prevent such incidents in the future.

Polymarket faced allegations of market manipulation by UMA whales, leading to disputed outcomes and user dissatisfaction. Despite acknowledging the issue, Polymarket stated it couldn't offer compensation due to the nature of the situation. The company is collaborating with the UMA team to prevent such incidents in the future.

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