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You Won’t Believe the DEEP STATE at Work in Your Favorite Prediction Market (It’s Not What You Think)

AltcoinsCrypto NewsCybersecurity Kevin Nelson November 14, 2024

A comic-style illustration depicting an empty cityscape at night, with giant screens displaying misleading market data and fake trading volumes. A blockchain logo is visible in the top-right corner, while a Robinhood app icon glows red on the bottom-left side of the screen.

The ‘Wild West’ of prediction markets has just gotten wilder – and more transparently shady – thanks to an exposé on Polymarket’s dubious dealings.

Source: bitcoin.com

Transparent Illusion: The Discrepancy in Polymarket’s Volume
https://news.bitcoin.com/transparent-illusion-the-discrepancy-in-polymarkets-volume
The recent surge in prediction markets has coincided with the upcoming presidential election, as those seeking a supplement to traditional polling look to new methodologies. As election day draws closer, established prediction markets have seen their volumes skyrocket, while fresh players are jumping in to launch their own platforms. This sudden influx of companies offering event contracts—or prediction markets—in the United States is no coincidence. Last month, in KalshiEX LLC […]

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About the author

Kevin Nelson

Kevin’s foray into cryptocurrency trading was a full-scale disaster. His obsession with chasing trends and leveraging obscure assets led to a catastrophic loss of his entire life savings. Now, Kevin’s articles are a venomous mix of bitter humor and harsh reality checks, exposing the chaotic and treacherous world of crypto trading. His catchphrase: “I went from trading genius to broke fool in record time. Welcome to crypto—where the only thing guaranteed is your financial ruin.”

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Disclaimer

The content presented on this site is intended solely for entertainment purposes and should not be taken as factual or reliable information. This site employs satire and humor to discuss global news, current events, finance, and cryptocurrency. The views expressed here are not meant to be taken seriously and do not represent the opinions of any individuals, organizations, or entities discussed.

Please be aware that the content may be exaggerated, fictionalized, or otherwise altered to create a comedic effect. It is not intended to provide financial advice, make accurate predictions, or offer any serious commentary on current events or financial markets.

Readers are encouraged to verify any claims or statements with credible sources and should not make any decisions based on the information provided here. This blog is not responsible for any actions taken based on its content. Always consult a qualified professional before making any financial or investment decisions.

Please do not hesitate to contact us if you have any questions or concerns.

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