ETFStore President Comments On Polymarket Manipulation Allegations

According to Odaily, ETFStore President Nate Geraci addressed allegations of market manipulation against Polymarket on the X platform. Geraci expressed understanding of the skepticism towards cryptocurrencies and platforms like Polymarket. He noted that in the past, prediction markets were opaque, with no visibility into who was buying or selling, leading to the belief that 'the market is always right.' Now, with the transparency of prediction markets allowing public visibility of buyers and sellers, there are accusations of market manipulation.