A Democratic congressman had harsh criticism for Polymarket for allowing users to bet on when the United States would confirm the rescue of Air Force personnel shot down over Iran.
In a post on social media On Friday, Rep. Seth Moulton wrote: “They could be your neighbor, a friend, your family member. And people are betting on whether they survive or not. It’s DISGUSTING.” (President Donald Trump announced early Sunday that the second soldier, a weapons system officer, was rescued.)
Moulton also described Polymarket as a “dystopian death market” and noted that Donald Trump Jr. is an investor. The congressman recently banned its staff from participating in prediction markets like Polymarket and Kalshi.
Polymarket replied that she caused the market to fall “immediately” for failing to meet the company’s standards of integrity.
“This should not have been published and we are investigating how this escaped our internal safeguards,” the company said.
Polymarket previously Hundreds of millions of dollars were traded in contracts linked to the bombing of Iran by the United States and Israel.
