ADI PredictStreet replaced website language identifying USD1 as the stablecoin used to operate its prediction market with USDC, revising a claim about World Liberty Financial (WLFI), a Trump family crypto project.
ADI PredictStreet is the World Cup’s official prediction-market partner. The company said the earlier information on its website was outdated.
On-chain analysis found no evidence that the platform traded USD1 and identified Circle-issued USDC as the stablecoin it used for trading.
PredictStreet’s operator had previously been listed as a subsidiary of International Holding Company (IHC), which is linked to UAE national security adviser Tahnoon. An IHC spokesperson said the operator is no longer an IHC subsidiary.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to [email protected].
