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Argentina’s Falklands banner at the World Cup just triggered a crypto prediction market frenzy

Argentina’s Falklands banner at the World Cup just triggered a crypto prediction market frenzy

Argentina beat England 2-1 in the World Cup semi-final on July 15, and the Argentine players celebrated by unfurling a banner reading “Las Malvinas son Argentinas” (“The Falklands are Argentine”). While FIFA scrambles to figure out how to punish a political banner that violates its regulations, prediction platforms and fan token ecosystems were already cashing in on the chaos. Millions in trading volume surged through Polymarket as bettors speculated on everything from match outcomes to potential disciplinary fallout. The Argentina fan token saw a sharp uptick in activity alongside Chiliz (CHZ), the blockchain that powers most major sports fan tokens.

The banner, the history, and the fine that’s…

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