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ETFStore President: Polymarket is accused of market manipulation despite its higher transparency

ETFStore President: Polymarket is accused of market manipulation despite its higher transparency

CointimeCointime2024/10/21 07:03
By:Cointime

in response to industry voices claiming that Polymarket's prediction market is suspected of manipulation, Nate Geraci, President of ETFStore, wrote on X platform that he can understand why some people despise cryptocurrencies and things like Polymarket. In the past, prediction markets were like a black box, and no one knew who was buying and selling. Instead, people thought "the market is always right." Now, prediction markets can publicly see buyers and sellers, but are instead accused of being manipulated.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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