After a publish to social media allegedly containing racist language from Polymarket’s firm account, a consultant for the corporate has apologized.
Prediction market Polymarket was rapidly referred to as out for a now-deleted publish to X that allegedly contained ethnic slurs. The publish reportedly used racial insults whereas accusing a few of its customers based mostly in India, Nigeria, and Turkey of pretending to be girls.
The corporate’s Chief Authorized Officer, Neal Kumar, has taken to X to deal with the message, apologizing for it and saying the corporate “takes full duty”.
The publish earlier this week from an unofficial Firm account was unacceptable, and we take full duty. As an Indian American, trying up the historical past of the time period sucked. I've at all times discovered engagement to be far more practical than rage, and imagine this got here from a spot…
— Neal Kumar (@HereComesKumar) November 26, 2025
“The publish earlier this week from an unofficial Firm account was unacceptable, and we take full duty,” he wrote. “As an Indian American, trying up the historical past of the time period sucked. I’ve at all times discovered engagement to be far more practical than rage, and imagine this got here from a spot of confusion, not hate.
“Uncomfortable conversations to know one another is a observe to dwell and breathe, and we had one right here this week to make us stronger. We apologize for the ache and we’re dedicated to doing higher.”
Social media customers have used the instance of this publish to criticize Polymarket’s presence on social media generally.
“Polymarket’s social media technique is the worst I’ve ever seen,” wrote founder and CEO of Creator Buddy, Alex Finn. “Virtually each official account tweets rage bait, misinformation, and lies. All simply to drive engagement. You’re turning off lots of people and I’d encourage you to rethink the complete technique.”
Others argue that the apology ought to come from the official Polymarket account, not Kumar’s, with one other social media person, Andy Parackal, writing: “The racist publish wasn’t some random meme; it focused Indians, Nigerians, and Turks, and it was posted underneath an account actually signing off because the Polymarket merchants. So why is the apology coming from you personally, as a substitute of the official Polymarket account the place the slur was posted?”
Polymarket usually makes use of its X account to advertise sure contracts and bets that may be positioned on the predictions market platform, with some latest examples together with whether Jesus Christ will return before 2027 and whether a turkey will audibly gobble during the official pardoning, amongst different monetary and political contracts.
ReadWrite has reached out to Polymarket for additional remark. This comes scorching on the heels of Polymarket securing CFTC approval to return to the US.
Featured picture: Polymarket
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