BUSINESSCBS NEWS
Some promotional Polymarket content made by online creators isn't real, WSJ reports
Polymarket is auditing its promotional content after the Wall Street Journal reported that online creators were paid to produce fake videos showing collective winnings of $1.9 million from a prediction market. The company responded to CBS News about the investigation, and one of the article's authors, Neil Mehta, discussed the findings.
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- Polymarket reportedly paid creators to post deceptive videos about fake bets
- Polymarket has reportedly been paying creators to post fake betting videos
- Polymarket paid creators to stage fake winning bets to lure U.S. users
- That viral clip you saw of someone winning big on Polymarket was probably fake
- Polymarket's viral videos showed people winning big, but the bets were fake