Why Polymarket Blocked Millions in Payouts After Ruling US Military Action in Venezuela Was Not an “Invasion”
Polymarket refused to pay out over $10.5 million in bets after the U.S. captured Venezuelan president Nicolás Maduro, saying the operation did not meet their definition of an invasion. Traders are angry, arguing the action clearly counted as an invasion, while concerns have also been raised about possible insider trading on the platform.