Senators question regulators over cryptocurrency betting site's influencer scam targeting Americans

Senators question regulators over cryptocurrency betting site's influencer scam targeting Americans

Two senators demanded answers after discovering that Polymarket, a betting platform, paid social media personalities to post fake trading videos. The videos showed bets happening on lookalike websites that weren't real. Polymarket is already banned from serving Americans. The influencers were told to create content designed to go viral with U.S. audiences.

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