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The prediction market platform directed creators to film fabricated wins on replica sites. A Wall Street Journal review found the depicted trades would have lost money in 118 cases totaling $166,000.
joemygod.comPolymarket paid online creators to post videos depicting themselves placing bets and celebrating wins that never occurred. The Wall Street Journal identified more than 1,100 such videos, many filmed on near-perfect copies of the Polymarket website. A marketing contractor deployed a social-media team to amplify the clips.
Polymarket instructed creators not to disclose the payments, though some later added “@polymarket partner” to their bios after questions from journalists. In 118 of the videos, creators reacted to winning bets shown as totaling almost $900,000. Those same bets would have lost $166,000 if placed on the actual platform.
Polymarket stated it is “committed to maintaining accurate, fair, and transparent markets” and plans to audit its promotional content. Many of the videos have since been removed from creator accounts, and sites used in the videos have been taken down.
Claude Guillemot, 69, died Friday when the Cessna 421 he was piloting crashed near La Baule-Escoublac Airport in western France. A flight instructor on board was also killed.
New York PostA Los Angeles County report estimates the $111 billion Paramount-Warner Bros. Discovery merger could eliminate 2,500 local jobs and 6,000 positions worldwide. The combined company carries an $82 billion debt load and plans $6 billion in savings through consolidation.
The federal government will cut its fuel excise discount from 32 cents to 16 cents per litre starting July 1. The Heavy Vehicle Road User Charge will rise from zero to 16 cents per litre until August.