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Prediction markets are unreliable truth machines: lawsuit

Summary by American Banker
Polymarket's process for divining "the truth," the heart of its entire operating model, is itself open to manipulation, a new lawsuit alleges.
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American BankerAmerican Banker

Prediction markets are unreliable truth machines: lawsuit

Polymarket's process for divining "the truth," the heart of its entire operating model, is itself open to manipulation, a new lawsuit alleges.

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American Banker broke the news on Thursday, July 9, 2026.
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