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Polymarket refuses to pay $10.5 million in Venezuela "invasion" bets

Polymarket is refusing to settle approximately $10.5 million in bets on whether the U.S. would invade Venezuela, arguing that the military operation to capture Nicolás Maduro doesn't count as an "invasion." According to the Financial Times, the prediction market claims the contract specifically required "US military operations intended to establish control" over Venezuelan territory, and a "snatch-and-extract" mission followed by diplomatic engagements doesn't meet that standard. — Read the rest...

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