Investigation: Polymarket Paid People to Create Fake Success Stories

Investigation: Polymarket Paid People to Create Fake Success Stories

The Wall Street Journal found that Polymarket, a betting platform, paid creators to produce fake videos showing people winning money on the site. The $1.9 million in staged bets was meant to make the platform look trustworthy. It is unclear if Polymarket's leadership authorized the scheme. The platform operates in a regulatory gap where betting sites face few rules.

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