{"id":24615,"date":"2026-03-28T08:35:31","date_gmt":"2026-03-28T08:35:31","guid":{"rendered":"https:\/\/bitunikey.com\/news\/p2p-me-admits-polymarket-trade-on-fundraising-outcome\/"},"modified":"2026-03-28T08:35:38","modified_gmt":"2026-03-28T08:35:38","slug":"p2p-me-admits-polymarket-trade-on-fundraising-outcome","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/p2p-me-admits-polymarket-trade-on-fundraising-outcome\/","title":{"rendered":"P2P.me admits Polymarket trade on fundraising outcome"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p><strong>P2P.me said it traded on a Polymarket contract tied to its own fundraising round before the raise went live.\u00a0<\/strong><\/p>\n<div id=\"cn-block-summary-block_dfe392f6d4117b4b33068e60b8ce9dec\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>P2P.me opened Polymarket positions before its fundraising launch and admitted the disclosure delay was wrong.<\/li>\n<li>The project raised $5.2 million, missed its $6 million target, and the market resolved no.<\/li>\n<li>US lawmakers and prediction platforms are tightening rules as insider trading concerns spread wider now.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>The <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/P2Pdotme\/status\/2037560966041223415\" target=\"_blank\" rel=\"nofollow\">disclosure<\/a> adds fresh attention to insider trading risks on prediction markets as US lawmakers and platforms move to tighten rules.<\/p>\n<p>The team behind the decentralized trading platform said it opened positions on Polymarket 10 days before its capital raise launched. The market asked whether the project would reach its $6 million target. At that time, the team said it had only one \u201coral commitment\u201d from Multicoin Capital for $3 million, with \u201cno signed term sheets\u201d and \u201cno guaranteed allocations.\u201d<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>The raise later closed at $5.2 million, below the target, and the market resolved to \u201cno.\u201d The team said it understands why some people may see the trade as a trust issue, even though it did not view the bet as trading on a completed deal.<\/p>\n<h1 class=\"wp-block-heading\"><strong>Team says profits will return to treasury<\/strong><\/h1>\n<p>P2P.me said any profits from the positions will go back to its MetaDAO treasury, which serves as the reserve for the DAO that governs the platform. The team also said it is liquidating all open Polymarket positions and putting in place a formal company policy on prediction market trading.<\/p>\n<p>In its statement, the team said,\u00a0<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cTrading on an outcome you can influence erodes trust.\u201d It added that \u201cnot disclosing at the time was a mistake we own.\u201d\u00a0<\/p>\n<\/blockquote>\n<p>Those remarks came as the platform moved to address criticism around market conduct and transparency.<\/p>\n<h2 class=\"wp-block-heading\"><strong>Prediction markets face wider policy pressure<\/strong><\/h2>\n<p>The disclosure comes as scrutiny around prediction markets grows in Washington and beyond. On March 25, Representatives Nikki Budzinski and Adrian Smith introduced the <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/adriansmith.house.gov\/media\/press-releases\/smith-budzinski-introduce-bipartisan-bill-ban-members-congress-federal\" target=\"_blank\" rel=\"nofollow\">PREDICT Act<\/a>, a bipartisan bill aimed at stopping senior government officials from insider trading on prediction markets.<\/p>\n<p>At the same time, Polymarket and Kalshi have both announced tighter insider trading rules. Polymarket now says users cannot trade on contracts when they hold confidential information or can influence an outcome, while California barred state officials from using insider knowledge to bet on platforms such as Polymarket and Kalshi.\u00a0<\/p>\n<p>A separate Senate bill would ban event contracts tied to elections, sports, government actions, and military moves.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>P2P.me said it traded on a Polymarket contract tied to its own fundraising round before the raise went live.\u00a0 Summary P2P.me opened Polymarket positions before its fundraising launch and admitted&hellip;<\/p>\n","protected":false},"author":1,"featured_media":10007,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-24615","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/24615","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=24615"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/24615\/revisions"}],"predecessor-version":[{"id":24616,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/24615\/revisions\/24616"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/10007"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=24615"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=24615"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=24615"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}