ETFStore President: Polymarket is accused of market manipulation due to its higher transparency
Bitget2024/10/21 07:40
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In response to voices in the industry claiming that Polymarket's prediction market is suspected of manipulation, Nate Geraci, president of ETFStore, posted on platform X saying that he can understand why people now despise cryptocurrencies and things like Polymarket. In the past, the prediction market was like a black box where no one knew who was buying and selling; instead, people felt "the market is always right". Now that buyers and sellers in the prediction market can be publicly seen, it is accused of being manipulated.
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