Polymarket sued by users over dispute regarding the settlement of Strategy's Bitcoin sell market
According to ChainCatcher, New York court documents show that William Wood and Thomas Bush have sued relevant Polymarket entities and CEO Shayne Coplan, accusing them of incorrect settlement in the "Will Strategy sell Bitcoin before May 31, 2026" market.
The complaint states that the 8-K document submitted by Strategy to the SEC disclosed their sale of 32 BTC during the relevant period, which is sufficient evidence that the market should have settled as "Yes." However, Polymarket ultimately determined the outcome as "No" and is accused of issuing a "clarification" afterwards to change the evaluation criteria.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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