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#BSCProjectSpotlight \*Market Manipulation Allegations Rock Polymarket 🌪️\*
🌏⤴️🪙
The Polymarket community is reeling from allegations of market manipulation involving a whopping \*$7 million bet\* on a rare earth metals deal between Ukraine and the United States 🤯.
\*A Deal or No Deal? 🤔\*
Despite the lack of official statements from the parties involved, the market closed in favor of those expecting a deal before April 📆. This has raised concerns about the integrity of the platform, particularly with regards to the use of decentralized oracles (UMA) and the potential for major players to manipulate collateral 📊.
\*Accusations Fly 🚀\*
The community claims that a major player secured a vote in their favor before the actual approval of the result and deadline, receiving \*25% of the weight from three wallets\* 📈. This has led to accusations of market manipulation and concerns that other users are afraid to confront these major players, risking their own funds 😬.
\*A Growing Concern 🚨\*
This incident has sparked a wider debate about the role of decentralized prediction markets like Polymarket in shaping public opinion and the potential for manipulation 🤔. As the platform continues to grow in popularity, it remains to be seen how it will address these concerns and ensure the integrity of its markets 📊.