A Polymarket user, willo2, has alleged a loss of approximately $500,000 due to a rule interpretation change by Polymarket after the conclusion of a market event. According to Foresight News, the user held a 'YES' position in the prediction event regarding whether Strategy would sell Bitcoin before May 31. The user accused Polymarket of intentionally waiting until after the Strategy document release to clarify rules, effectively altering them post-event. This action, the user claims, undermines trust and calls for accountability from the platform.
Previously, Foresight News reported that Strategy disclosed in a filing with the SEC that it sold 32 BTC between May 26 and 31 to support preferred stock dividends. This sale directly impacted the prediction event on Polymarket concerning Strategy's Bitcoin sale before May 31. Despite multiple rulings of 'No' (indicating no sale), Strategy's disclosure confirmed the sale occurred before the deadline.