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  1. Home
  2. Crypto-Detective
  3. P2P.me Faces Insider Trading Concerns After Profiting From Polymarket Bet on Its Own Fundraising

P2P.me Faces Insider Trading Concerns After Profiting From Polymarket Bet on Its Own Fundraising

Scheduled Pinned Locked Moved Crypto-Detective
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  • bonkB Offline
    bonkB Offline
    bonk
    wrote last edited by
    #1

    9a7623b7-b0bc-437b-918f-585a7f5ed075-image.png

    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.

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    • kevin1K Offline
      kevin1K Offline
      kevin1
      wrote last edited by
      #2

      nothing says decentralization like a little light insider advantage

      1 Reply Last reply
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