Polymarket $3.8 Million Venezuelan Presidential Election Bet Still Undecided

Polymarket, the cryptocurrency-based prediction markets platform, has not been able to resolve the bet on the outcome of the Venezuelan presidential election. While the country’s electoral authority, the Electoral National Council (CNE), proclaimed President Nicolas Maduro as the winner, the opposition forces contested the election. This is due to the lack of a complete breakdown of the results, which does not allow for the full verification of the election numbers. Several resolution proposals have been presented for the bet, but all have been disputed, with over $3.8 million waiting for its outcome.

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