The hugely popular prediction market was shut down by U.S. regulators in 2022 and re-opened in Panama, where it has benefited from tax and legal benefits for years.

(Image credit: Eliana Morales Gil)

The incident is the latest eyebrow-raising bet on Polymarket, as allegations of rigging and manipulation continue to haunt the popular prediction market site.

(Image credit: Riccardo Milani)