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Updated 2d ago
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Polymarket paid creators to stage fake winning bets on dummy sites: WSJ
A Wall Street Journal investigation alleges Polymarket paid creators to post deceptive videos showing fake bets on dummy websites. These staged wins were reportedly used to lure American users and drive viral growth. The campaign allegedly generated 140 million views.
What changed
New reports detail the use of copycat websites to stage fake jackpots for social media growth.
Live updates
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Polymarket Accused of Paying Creators to Stage Fake Winning Bets
confidence 90%A Wall Street Journal investigation alleges Polymarket paid creators to post deceptive videos showing fake bets on dummy websites. These staged wins were reportedly used to lure American users and drive viral growth. The campaign allegedly generated 140 million views.
What's confirmed:
- Polymarket paid creators to stage fake winning bets on dummy sites.
- The company used these deceptive videos to attract U.S. users.
- Staged betting content was used to fuel viral growth.
Still unconfirmed:
- The fake bets generated 140 million views.
- A college student's claim of winning $100,000 on a Trump McDonald's bet may have been fake.