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According to Bloomberg, the ruling on disputed contracts on Polymarket is dominated by a few UMA holders. Data shows that in the past three years, out of over 6400 addresses participating in dispute resolution voting, only 9 large wallets contributed about half of UMA voting rights and almost stood on the winning side in all disputes. In April 2026, approximately 230 contracts with a total transaction volume exceeding $1 billion entered into dispute resolution, accounting for less than 1% of all contracts in Polymarket, but the larger the transaction size, the higher the frequency of disputes. Some traders criticized the mechanism for granting anonymous whales "factual decision-making power," while the process improvement plan promised by Polymarket and Risk Labs has been put on hold.