Polymarket's move to change the rules retroactively is too outrageous. $35k is gone just like that. Is the trust foundation of prediction markets still intact?

CryptoWorld News reports that the prediction market platform Polymarket has issued a settlement clarification, overturning a previously established market outcome, resulting in a student's $35k bet being invalidated, with a total of $3.8 million and positions involving 1,838 accounts being wiped out. This clarification clause allows for interpretive corrections to the market settlement results after the fact, changing the final payout outcome. According to Cryptobriefing, the incident originated from a case made public on June 13, where the market result was reversed after settlement due to a rule interpretation.