P2P.me Faces Insider Trading Concerns After Profiting From Polymarket Bet on Its Own Fundraising
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Crypto payments platform P2P.me is under scrutiny after revealing it placed a $20,000 bet on Polymarket tied to the success of its own fundraising round—before the round was publicly announced. The company admitted it had already secured a $3 million oral commitment at the time, raising questions about whether it traded using non-public information.
Although P2P.me described the bet as a “vote of confidence,” critics argue the timing creates ethical and potentially legal concerns. The company later closed the position with a profit of around $14,700, adding fuel to the debate around transparency and insider advantages in decentralized prediction markets.