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They Looked Like They Were Getting Rich on Polymarket—but None of It Was Real

A Wall Street Journal investigation claims Polymarket used cloned websites to create fake winning bets. These staged videos were used to attract users in the United States. The company allegedly paid numerous creators to promote these fraudulent wins.

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New reports detail the use of copycat sites and payments to influencers to simulate large betting wins.

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  1. Polymarket Accused of Staging Fake Winning Bets for Viral Growth

    A Wall Street Journal investigation claims Polymarket used cloned websites to create fake winning bets. These staged videos were used to attract users in the United States. The company allegedly paid numerous creators to promote these fraudulent wins.

    What's confirmed:

    • Polymarket used cloned websites to stage fake winning bets.
    • The company targeted users in the United States with videos of fake wins.
    • The Wall Street Journal investigated the use of these staged videos.

    Still unconfirmed:

    • Polymarket paid more than 800 creators over $2.5 million to post staged winning-bet videos.
    • One faked video showed a creator winning $100,000 on a bet regarding President Trump saying the word McDonald's in public.
    confidence 90%