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Coinpedia 2025-03-26 09:02:21

Governance Attack Strikes Polymarket: UMA Tycoon Manipulates Vote for Profits

Governance Attack Strikes Polymarket: UMA Tycoon Manipulates Vote for Profits

The post Governance Attack Strikes Polymarket: UMA Tycoon Manipulates Vote for Profits appeared first on Coinpedia Fintech News Last night, a governance issue on Polymarket was reported, where a large UMA holder allegedly used last-minute voting to manipulate the system, avoid losses, and profit from an inaccurate market outcome. A governance attack occurred on Polymarket, where a UMA tycoon used his voting power to manipulate the oracle, allowing the market to settle false …

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