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

According to a Wall Street Journal investigation, Polymarket has been paying people to film themselves placing fake bets and celebrating fake wins on social media. WSJ identified over 1,100 deceptive clips and talked to creators who, despite not...

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That viral clip you saw of someone winning big on Polymarket was probably fake
Source: The Verge
Polymarket logo on a pink background.

According to a Wall Street Journal investigation, Polymarket has been paying people to film themselves placing fake bets and celebrating fake wins on social media. WSJ identified over 1,100 deceptive clips and talked to creators who, despite not stating as such in their videos, confirmed the company paid them to create the clips.

The videos posted on social media look legit at first, but there are subtle clues that betray them as fraudulent. For instance, when examined closely, one clip shows someone visiting "poiymarket.com" rather than polymarket.com. According to the Journal's investigation, none of the bets placed in the over 1,100 vide …

Read the full story at The Verge.

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