Polymarket paid creators to post fake videos of themselves placing and winning bets.

according to a wall street journal According to the investigation, Polymarket is paying people to place fake bets and celebrate fake wins on social media. WSJ Over 1,100 misleading clips were identified and the creators were spoken to, who confirmed that the company had paid them to create the clips, despite not stating so in their videos.

Videos posted on social media appear legitimate at first glance, but there are subtle clues that indicate they are scams. For example, when examined closely, one clip shows someone visiting “poiymarket.com” instead of polymarket.com. according to Journal of The investigation found that none of the bets placed in more than 1,100 videos reviewed were genuine. In 118 videos, creators were shown reacting to winning almost $900,000 in wagers. But in reality, those bets would have resulted in a loss of $166,000.

Since then magazine Questions began to be asked, many creators have removed videos from their accounts, and Polymarket has removed sites like “Poimarket” that were used as part of the trick.



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