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The Verge·3 min read·medium

That viral clip you saw of someone winning big on Polymarket was probably fake

That viral clip you saw of someone winning big on Polymarket was probably fake
AI Summary

A Wall Street Journal investigation revealed that Polymarket paid content creators to post deceptive videos showing fake bets and wins. The company has since taken down the fraudulent sites used in the scheme.

Why it matters

This highlights the prevalence of deceptive marketing practices in the emerging prediction market and crypto-betting industry.

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technologybusinesscrypto
Political Bias
Center
LeftLean LCenterLean RRight
Confidence: 85%

The article reports on investigative findings regarding corporate misconduct without taking a political stance.

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