Polymarket, a well-known prediction market platform, is facing intense backlash on social media. This time, the controversy isn’t about licensing or political debates, but a racist post shared from an official account. The post immediately sparked outrage on X (formerly Twitter), with users accusing the company of discriminatory behavior.
Fierce Backlash Over Use of Racist Slur #
The now-deleted post targeted so-called “Polybaddies,” a program that gives female crypto accounts a badge for extra visibility. Intended primarily as marketing, the program is controversial for positioning women as “attractive attention-grabbers.”
The post, from the Polymarket Traders account, threatened to revoke badges from accounts in India, Turkey, and Nigeria, claiming these users were posing as “e-girls.” The term “e-girl” refers to girls who are active online, often with a persona inspired by gaming and anime culture, designed to be appealing or interesting.
The post used the word “jeet,” a term widely considered racist. Top traders and entrepreneurs, like Danish Nagda, reacted fiercely, calling the communication unprofessional.
If I were:
– Indian – Turkish – Nigerian
I’d never open PolyMarket again after last night’s tweet.
Imagine someone insulting 3 of the largest growing crypto demographics in an attempt to be funny.
What’s worse – backpedaling and deleting after doing so.
Use @Kalshi. pic.twitter.com/J99vKTSMzJ
— katexbt.hl (@katexbt) November 25, 2025
User ‘katexbt.hl’ also joined the discussion, stating that no Indian, Turkish, or Nigerian user should open Polymarket again unless the company issues an apology.
Polymarket’s Previous Controversies #
Polymarket has also recently faced scrutiny in the Netherlands. Dutch celebrity Alexander Klöpping mentioned in a podcast that he earned eight thousand euros by betting on the election via Polymarket.
CDA MP Derk Boswijk was incensed and asked the Secretary of State why no action is being taken against the platform. Polymarket is effectively illegal in the Netherlands as it does not have a license from the Gambling Authority.
Critics warn that such platforms normalize gambling. Proponents argue that adults should be free to decide where to put their money and that prediction markets provide useful information.
This latest incident shows that Polymarket is not only facing legal problems but is also struggling with professional conduct. The coming weeks will reveal if the platform can recover, issue apologies, and regain the trust of its users.