Millions on Polymarket Decided by Anonymous Crypto Holders (1)

With a global exchange that lets traders bet on the outcome of real world events — everything from elections to how often Elon Musk posts on X — Polymarket has become the talk of both Silicon Valley and Wall Street.

What’s less talked about: Sometimes those outcomes are decided not by objective facts, but by a group of anonymous crypto traders thrashing it out in an online chatroom.

As Polymarket paves the way to return to the US market after three years, the largest platform in prediction markets is facing a growing backlash from users over the messy and sometimes ...