fake bets
Coverage of fake bets in the Nexus archive.
- Polymarket's viral videos showed people winning big, but the bets were fake
Polymarket's viral videos depicted individuals winning large sums, but the bets featured in these videos were fabricated. The article highlights the discrepancy between the promotional content and the actual legitimacy of the bets.
- $1.9M in Fake Bets Drove Polymarket Hype: WSJ
A Wall Street Journal investigation revealed that approximately $1.9 million in bets displayed in over 1,100 creator videos on Polymarket were not genuine.
- Polymarket reportedly paid creators to post deceptive videos about fake bets
Polymarket reportedly paid creators to post deceptive videos about fake bets. The videos were filmed on near-perfect copies of the Polymarket website, featuring non-real trades and winnings.
- That viral clip you saw of someone winning big on Polymarket was probably fake
A Wall Street Journal investigation found that Polymarket paid individuals to create and post deceptive videos of fake bets and wins on social media. Over 1,100 such clips were identified, with creators confirming they were compensated despite not disclosing the videos were fabricated. Subtle clues, like incorrect website URLs, revealed the videos' fraudulent nature.