Wall Street Journal Finds Over 1,100 Videos of Paid Polymarket Promotions Posted Without Disclosure

A Wall Street Journal investigation found that Polymarket paid people to film themselves placing fake bets and celebrating fake wins on social media. The Wall Street Journal identified over 1,100 deceptive clips. Creators confirmed to the Wall Street Journal that Polymarket paid them to create the clips, even though the videos did not state this.

Com. None of the bets placed in the over 1,100 videos reviewed by the Wall Street Journal were real. In 118 videos, creators were shown reacting to winning bets totaling almost $900,000.

In reality, the bets shown as winning $900,000 in the 118 videos would have lost $166,000.