Tootfinder

#Polymarket has been paying online creators to post deceptive videos that show them making lucrative bets on the prediction market,
according to a new investigation in the Wall Street Journal.
The WSJ said that it analyzed 1,100 videos about Polymarket
and also viewed instructional materials that the company provided to creators.
Many of those videos were reportedly filmed on “n…

Polymarket reportedly paid creators to post deceptive videos about fake bets | TechCrunch
Many of those videos were reportedly filmed on “near-perfect copies” of the Polymarket website, while featuring trades and winnings that were not real.

I imagine Polymarket will start taking bets on whether Trump will pardon this soldier.
Of course a White House insider will win that bet. 🙄
#sarcasm #betting #polymarket

I’m amused by the audacity of #Polymarket approaching #MorePerfectUnion for a partnership. As expected, the latter shows why Polymarket and #Kalshi are bad.

What they are doing is illegal in Wisconsin, so it makes sense.
“Kaul plans to file three separate lawsuits in Dane County Circuit Court against prediction market companies, alleging they are bypassing state laws by characterizing sports bets as "event contracts."”
#Wisconsin #Polymarket #Kalshi #Betting

So Wisconsin isn't allowed to enforce laws that ban gambling in the state?
"Last week, the #Wisconsin Department of Justice announced lawsuits against #Kalshi, Robinhood, Coinbase, #Polymarket and Crypto.com for allegedly facilitating illegal sports betting on their platforms. A lawsuit filed Wednesday by the U.S. Commodity Futures Trading Commission, or CFTC, in response to those lawsuits alleges Wisconsin is attempting to interfere with “federally regulated markets.”"
https://www.wpr.org/news/federal-government-sues-wisconsin-prediction-markets-platforms