WSJ: $1.9M in Fake Bets Propped Up Polymarket Creator Videos
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
Polymarket, a prediction market, is facing allegations of artificially inflated activity, with reports suggesting $1.9 million in fake bets were used to prop up creator videos. The company is also alleged to have made payments to influencers via a personal paypal account. Additionally, a study from Columbia University has found that up to 25% of Polymarket's trading volume may be the result of wash trading.
Full coverage
12345