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Polymarket prediction platform possibly manipulated to favor Trump: Report

  • Trump's odds of defeating Vice President Kamala Harris have surged on Polymarket, an online betting platform linked to Peter Thiel's funding.
  • Around $30 million has been bet on Trump by four mysterious accounts, possibly from the same entity.
  • Christopher Gerlacher stated that 'Polymarket's spike was almost certainly a case of market manipulation.
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+7 Reposted by 7 other sources
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Large bets in election prediction market are from overseas, source says

Four accounts on crypto-based prediction market Polymarket that placed large bets on former President Donald Trump winning the 2024 election, and have been the subject of much online speculation, are owned by non-Americans or a non-American, according to a source familiar with the matter on Friday.

·United Kingdom
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  • 45% of the sources lean Left
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Hindustan Times broke the news in New Delhi, India on Friday, October 18, 2024.
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