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Dispute Database / polymarket-live

Will Polymarket US go live in 2025?

Polymarket Definitional vagueness · 2025-12 · $59.0M · status: resolved

What happened

Polymarket soft-launched its regulated US venue in November 2025 to a small tester group. Traders fought over whether a gated beta met 'go live'; UMA holders resolved Yes while most of the public had no access — the platform's own oracle ruling on the platform's own milestone.

Resolution outcome

Resolved Yes; cited in the April 2026 Blumenthal letter to the CFTC.

The drafting lesson

Self-referential markets concentrate every conflict of interest in one place.

Failure type — Definitional vagueness: A key term ('suit', 'ban', 'invasion', 'go live') is undefined or defined differently than traders assumed.

Sources

Verification-log discipline: every case in this database carries published sources with dates; nothing is graded from memory.