From PC Mag: If you were drawn to Polymarket by social media clips featuring users who share the bets they placed and the money they won, there’s a possibility that those videos weren’t authentic.
According to a Wall Street Journal investigation, Polymarket has been paying influencers to create and share videos of themselves making trades on a dummy website it created. Of the more than 1,100 videos analyzed, 70% featured fake bets, and 118 featured creators reacting to old footage and fake wins.
Some creators the Journal spoke to were told not to disclose that the videos they posted were sponsored, even though they earned $2,000 to $3,000 per month from the campaign.
One of the dummy websites spotted by the Journal was “poiymarket.com.” The outlet also came across sites that were the company’s own test environments.
View: Full Article
