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Home/News/WSJ Investigation Finds Polymarket Paid Creators to Stage Fake Bets Totaling $1.9M
Decrypt·9h ago·negative

WSJ Investigation Finds Polymarket Paid Creators to Stage Fake Bets Totaling $1.9M

A WSJ investigation found Polymarket paid creators to film fake bets on dummy versions of its site, with none of the $1.9 million in wagers shown across 1,100+ videos being real.

  • WSJ reviewed 1,105 videos from 10 creators and found none of the roughly $1.9 million in displayed bets were real.
  • Creators used dummy sites including the misspelled 'poiymarket.com,' built by Polymarket as test environments.
  • Creators were paid $2,000-$3,000 monthly and told not to disclose the arrangement, per the WSJ.
  • The findings complicate Polymarket's push to re-enter the U.S. market after receiving CFTC approval in November 2025.
scamsregulationImpact 7/10
Why our editor rated this negative

A major investigation revealing that a prominent crypto prediction platform paid for fake bets undermines trust in the industry and raises regulatory concerns.

Read the full story at Decrypt

Coinporta summarises news for fast scanning. Full reporting belongs to the source.

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