Polymarket paid election fraud promoters directly
A Polymarket executive funneled thousands to Nick Shirley through personal PayPal. Then Shirley posted election fraud claims about the LA mayoral race. Sponsored by Polymarket.
The platform claimed it was pulling sponsorships from creators pushing the same fraud narrative. Turns out they were funding them the whole time. Just a coincidence they happened to promote Polymarket odds while doing it.
This is the prediction market capture story. Platforms get rich off political chaos, so they fund the chaos.
Polymarket told NPR it was pulling sponsorship of some creators spreading LA mayoral election fraud claims. On Monday, Nick Shirley shared a post calling the LA mayoral election into question (it also misunderstood how Polymarket odds work). The post was sponsored by Polymarket.
Source
x.com