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Polymarket Decides Taking Bets on the Outcome of a Rape Case Might Be a Bad Idea

Here's a market: Yes or no, is Polymarket capable of shame?

Tarun Mottlia

Via Gizmodo

·Excerpt
Polymarket Decides Taking Bets on the Outcome of a Rape Case Might Be a Bad Idea
Image: In this photo illustration, the icon of the Polymarket app is displayed on a smartphone screen, with the Polymarket logo shown in the background © Cheng Xin/Getty Images

Polymarket recently poured millions of dollars into securing the endorsements of legendary athletes, including LeBron James, Derek Jeter, and Sue Bird, to highlight its sports “prediction market.” The company should have stuck to sports. According to a report from Front Office Sports, the technically-not-a-gambling platform recently took down a market that allowed users to bet on whether or not any of the Cornell University Chi Phi fraternity members accused of rape will be charged with a felony sex crime.

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