Crypto Startup Uses Polymarket to Bet on Its Own Fundraise, Blindsiding Backers – Decrypt
In brief Stablecoin startup P2P.me went viral on X after apologizing for placing Polymarket wagers on its own fundraising efforts. P2P.me’s biggest backers were unaware of the company’s recent wagers, two people familiar with the matter told Decrypt. The wagers were placed around the time that Polymarket updated its rules to prohibit insider trading, including…