Crypto Startup Bets on Its Own Funding Progress on Polymarket, Surprising Investors

AirdropBlackHole · 2026-04-01T02:28:11+00:00

P2P.me's funding bet on Polymarket led to controversy after the company publicly apologized, revealing that its main investors were unaware of the actions, which occurred amid new rules against insider trading.

AirdropBlackHole

2026-04-01 02:28:11

Abstract generation in progress

On April 1, stablecoin startup P2P.me sparked heated discussions on platform X after betting on its own funding progress on the prediction market Polymarket and publicly apologizing for it. Two insiders revealed to Decrypt that P2P.me’s main investors were completely unaware of the company’s actions. This betting operation coincided with Polymarket’s update of rules, explicitly prohibiting insider trading, which applies to all individuals who could influence market outcomes.

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