Polymarket Accused of Paying Creators for Fake Betting Win Videos, WSJ Investigation Finds
By
Cheyenne MacDonald
Summary
Polymarket, a crypto-based prediction market platform, has reportedly been paying content creators to post fake or misleading videos showing people winning big on the platform. The Wall Street Journal reviewed 1,105 such videos along with guidance given to creators for crafting their posts, revealing a coordinated effort to fabricate success stories to attract users. This raises concerns about deceptive marketing practices in the crypto betting space.
Source
bskyPolymarket Accused of Paying Creators for Fake Betting Win Videos, WSJ Investigation Findsengadget.comKey quotes
· 2 pulledIn case you needed another reason to be wary of those videos showing people winning big on Polymarket
The Wall Street Journal reviewed 1,105 videos along with guidance given to creators for crafting their posts
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