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Polymarket removes contract allowing users to wager on fate of Cornell students accused of rape
The market drew criticism over betting on felony sex charges tied to an alleged campus assault and had topped $450,000 in volume, Polymarket said.
- On Tuesday, Polymarket removed a betting contract that allowed users to wager on whether men accused of sexual assault at Cornell would face felony charges, following significant public backlash.
- Available since September 30, the market generated more than $450,000 in volume and centered on allegations involving seven fraternity members sued last month by a woman identified as Jane Doe.
- Online critics questioned celebrity endorsers, including NBA star LeBron James, Derek Jeter, and Eli Manning, for associating with the company, leading to an online petition calling on them to cut ties.
- A Polymarket spokesperson stated Tuesday that the company removed the market after hearing public concerns, despite believing in the "wisdom of crowds" regarding data-driven insight.
- Other speculative markets remain active on Polymarket's platform, including one with more than $10,700 in volume tracking whether Cornell President Michael Kotlikoff will remain through October 31.
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33 Articles
33 Articles
Polymarket removes contract allowing users to wager on fate of Cornell
Polymarket has removed a contract from its prediction market platform that allowed users to wager on whether any of the seven men accused of raping a Cornell student in 2024 will be charged with a felony sex
·Baltimore, United States
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Polymarket removes contract allowing users to wager on accused Cornell students' fate
Polymarket has removed a contract from its prediction market platform that allowed users to wager on whether any of the seven men accused of raping a Cornell student in 2024 will be charged with a felony sex crime
·New York, United States
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Associated Press News+19 Reposted by 19 other sources
Polymarket removes contract allowing users to wager on fate of Cornell students accused of rape
Polymarket has removed a contract from its prediction market platform that allowed users to wager on whether any of the seven men accused of raping a Cornell student in 2024 will be charged with a felony sex crime.
·New York, United States
Read Full Article
Coverage Details
Total News Sources33
Leaning Left11Leaning Right3Center17Last UpdatedBias Distribution55% Center
Bias Distribution
- 55% of the sources are Center
55% Center
L 35%
C 55%
Factuality
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