Polymarket Faces Backlash After Alleged Racist Slur in Now-Deleted Tweet

Prediction market platform Polymarket is embroiled in controversy. The company is accused of posting a tweet containing a racist slur. The post targeted users from India, Nigeria, and Turkey before being deleted.

The incident sparked immediate outrage across social media. Users condemned the language used in the alleged post from an official affiliate account. According to screenshots shared online, the tweet used derogatory terms.

Social Media Erupts Over Deleted Polymarket Post

A screenshot of the tweet was widely circulated. Tech co-founder David Phelps was among those who shared it. He questioned the marketing strategy of using racist epithets against major user bases.

Other social media users expressed shock and anger. Many called out the normalization of anti-Indian racism. One user stated it was insane for the company to post racial slurs on its main account.

The criticism was swift and severe. The official account, Polymarket Traders, reportedly deleted the post. This action did little to quell the growing online fury.

Company Response and Broader Impact

The alleged tweet accused users of certain nationalities of pretending to be female influencers. It also threatened to revoke badges for one of its programs. This has raised serious questions about the platform’s community management.

There has been no official statement from Polymarket at this time. The silence is fueling further criticism from the crypto community and beyond. The platform’s reputation is facing a significant test.

The incident highlights ongoing issues with inclusivity in the tech and crypto sectors. Trust in the platform’s management has been shaken. The long-term impact on its user base, particularly in the named countries, remains to be seen.

The fallout from the alleged Polymarket racist tweet continues to develop. The company’s next move will be critical for damage control. This event underscores the urgent need for responsible communication from all major platforms.

Info at your fingertips

What did the Polymarket tweet allegedly say?

The tweet reportedly used a racist slur for Indian people. It accused users from India, Nigeria, and Turkey of pretending to be women. The post also threatened to revoke user badges.

Has Polymarket issued an apology?

As of now, Polymarket has not released an official statement. The company has not publicly addressed the incident or issued an apology for the alleged tweet.

Which account posted the controversial tweet?

The post was allegedly made from the Polymarket Traders X account. This account is an official affiliate of the Polymarket platform and had over 31,000 followers.

How are people reacting online?

Social media users are expressing widespread outrage. Many are condemning the use of racial slurs and criticizing the company for its lack of an immediate response.

What is Polymarket?

Polymarket is an American-based prediction market platform. It allows users to wager real money on the outcomes of real-world events.

Trusted Sources

Reuters, Associated Press, BBC