BUSINESSSEMAFOR
Internal videos show how Polymarket trained creators on fake bets
Polymarket trained social media creators to produce videos simulating fake bets using a platform called 'Fakecharts,' with employees instructing them on depositing 'fake money' to promote the site. The company paid influencers via PayPal for these videos, which regulators now investigate for deceptive marketing, alongside legal challenges in France and the U.S.
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Adjacent reporting
- Polymarket reportedly paid creators to post deceptive videos about fake bets
- Polymarket paid creators to stage fake winning bets to lure U.S. users
- That viral clip you saw of someone winning big on Polymarket was probably fake
- Polymarket paid creators to stage fake winning bets on dummy sites: WSJ
- Polymarket has reportedly been paying creators to post fake betting videos