Polymarket launches probe after Wall Street Journal report alleges deceptive marketing

TL;DR

Polymarket is auditing its promotional content after a Wall Street Journal investigation.
The investigation found Polymarket allegedly paid creators to make videos showing fake customer wins totaling $1.9 million.
These videos were reportedly designed to resemble Polymarket's platform and lure users to its unregulated site.
Polymarket states it is committed to maintaining accurate, fair, and transparent markets.
The company has faced previous scrutiny over insider trading allegations and was banned from operating in the U.S. in 2022.
Regulators granted Polymarket permission for a U.S.-regulated platform last year, but it is invite-only and iPhone-accessible.

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