Polymarket allowed bettors to wager on the 'Cornell 7' case
Prediction market platform Polymarket enabled users to place bets on whether any members of the so-called “Cornell 7” would be charged with a felony sex crime. The specific market generated over $450,000 in trading volume before being removed by the company. Polymarket defended its decision, stating that such markets provide objective and data-driven insights into legal proceedings. The case has drawn attention due to both public interest and concerns around ethical implications of betting on ongoing legal matters involving individuals who may not be publicly identified or have had their cases fully adjudicated yet.
Topics: gambling Kalshi legal system Polymarket prediction markets