Polymarket removes contract allowing wagers on fate of Cornell students accused of sexual assault

Polymarket has removed a contract from its prediction market platform that allowed users to wager on whether any of the seven men accused of sexually assaulting or exploiting a Cornell student in 2024 will be charged with a felony sex crime.

The market was made available on Sept. 30 and was slated to close on Jan. 31. It had more than $450,000 in volume before it was taken off Polymarket's international platform. The company's U.S. exchange is regulated by the U.S. Commodity Futures Trading Commission, which bans trading related to "activity that is unlawful under Federal or State law."