Polymarket accused of paying creators for fake betting clips

1 min read
Source: The Verge
Polymarket accused of paying creators for fake betting clips
Photo: The Verge
TL;DR Summary

A Wall Street Journal investigation found Polymarket paid creators to film deceptive videos that showed them placing and celebrating bets that never happened. The WSJ identified over 1,100 clips, including 118 videos portraying about $900,000 in supposed winnings that would have lost roughly $166,000 in reality. After reporters asked questions, many videos were scrubbed and Polymarket removed fake sites like poiymarket.com.

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