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# Polymarket Gamblers Decry Judgement on TikTok US Prohibition Toncoin (TON) Value Forecast for March 26th Marketplace
* TikTok initially went dark in the US last weekend, forestalling an approaching prohibition.
* Nevertheless, the social networking platform restarted operations within hours, alleging assurances that the legislation wouldn’t be implemented.
* Following losing wagers on whether TikTok would be prohibited before May, some Polymarket users are voicing outrage.
So, what precisely transpired with TikTok?
This is a $120 million inquiry that once more casts a severe glare on Polymarket and its crypto-focused methodology to settling disagreements among gamblers.
By Tuesday, Polymarket users had gambled almost $120 million on an apparently simple inquiry: Would TikTok be prohibited in the United States by May 2025?
The inquiry seemed to be settled when TikTok quit serving users in the US on Saturday night, expressing they had stopped operations because of “a legislation prohibiting TikTok being enacted.”
Polymarket users who wagered “yes” were proclaimed victors. UMA, a decentralized finance protocol that serves as the ultimate adjudicator for disputed marketplaces on the wagering platform, verified the outcome.
However, a few users are incensed about this judgement.
The legislation wasn’t really scheduled to become effective until Sunday. Ironically, on the same day, TikTok returned online in the US, mentioning remarks made by then-President-elect Donald Trump. For a few, this signified TikTok was never genuinely prohibited.
One critic launched a request on Change.org, writing, “While the legislation to prohibit TikTok was maintained and signed into effect, its enforcement has been postponed by the Biden administration, and the power to enforce it has been passed to the Trump administration.”
“Therefore, TikTok was able to continue operating because of negotiations, potential delays, and the involvement of the incoming administration.”
Other Polymarket users have been even more straightforward in their remarks on the site, calling it a “fraud.”
This latest occurrence underscores Polymarket’s recurring challenge in navigating real-world intricacies through a crypto-governed system – where the outcomes of multi-million dollar wagers are eventually decided by a group of token holders driven by game theory.
Holders of UMA tokens, acting in a capacity akin to jurors, register their decisions to settle disagreements over facts.
Trump mentioned that a presidential decree would guarantee that firms helping to maintain TikTok running would not encounter any judicial consequences.
Roger that.
