Tag: fake-bets

Prediction market platform Polymarket is facing intense scrutiny following a Wall Street Journal investigation revealing it allegedly paid creators to produce and disseminate over 1,100 deceptive videos featuring fake bets and fabricated winnings on social media. These videos, often filmed on "near-perfect copies" of the Polymarket website, showcased non-existent trades and profits, contradicting the platform's core pitch of auditable, on-chain transactions. The campaign reportedly aimed to attract users, including those in the U.S. where the platform's services are restricted.

By NeuraFeed