Polymarket Faces Backlash Over TikTok Ban Prediction Market Resolution

Description

Polymarket, a crypto-powered prediction platform, is under scrutiny from its users after the contentious resolution of a market predicting whether TikTok would be banned in the United States before May 2025. The market, which attracted $120 million in trading volume, was resolved to “Yes” on January 20 after the U.S. Supreme Court upheld a law banning the app due to national security concerns. The controversy stems from the timing and interpretation of the ban. On January 19, TikTok began displa...