⚡ Technology🇮🇳 India
Polymarket's Viral Winning Videos Were Fake — Bets Were Made on a Cloned Site
Ars Technica·Tuesday, 23 June 2026
The Wall Street Journal found that viral videos showing people winning big on Polymarket, a popular prediction market platform, were fraudulent. The bets shown were placed on a cloned version of the website, not the real one, and would have actually lost money. Polymarket has a significant user base in India among crypto and prediction market enthusiasts.
Why It Matters
Many Indian users follow or participate in prediction markets like Polymarket for financial and political bets. Fake viral content promoting these platforms can lead real people to lose real money.
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