ABC NEWS · 2026-10-20 20:36 UTC

Polymarket removes contract allowing users to wager on fate of Cornell students accused of rape

Polymarket removed a prediction market contract that allowed wagering on whether seven men accused of raping a Cornell student would be charged with felony sex crimes; the market had over $450,000 in volume before removal. The company cited public outcry and stated it believes in 'the wisdom of crowds' after hearing concerns, particularly given the serious nature of the case. Celebrity endorsers of Polymarket including LeBron James, Derek Jeter, and others faced criticism for their association with the platform over the controversial contract.

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