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Traders bet correctly on Strategy's Bitcoin sale. Polymarket ruled them wrong anyway.
Two traders are suing the platform after it resolved a market on Strategy's Bitcoin sale as "No," despite Strategy's own SEC filing confirming the sale happened. The lawsuit claims Polymarket added a new rule after the fact that flipped a winning bet into a loss.
This isn't really about Bitcoin. It's about what happens when the rules of a system can change after you've already made your decision, and why that feels so much worse than simply being wrong.
Worth remembering any time you're trusting a platform, not just a market, to hold up its end of the deal.