Polymarket Is A Bigger Scam Than We Thought
June 25, 2026
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11:59Now PlayingPolymarket Is A Bigger Scam Than We Thought
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as posted by the channelYou’ve probably heard of predictive market sites like Polymarket and Kalshi before, right? They are kinda hard to miss considering how much they advertise everywhere. It turns out they are an even bigger scam than we thought.
Check out our deep dive into predictive markets, “Why Polymarket Is A Disaster For Politics” ()
Polymarket and Kalshi are the places where you can go to bet on things like, “Will Trump Nuke Iran?” or “When will the U.S. Invade Venezuela?” Beyond the obvious ways that these markets can be – and have been– exploited by individuals with insider information, they are also doing false advertising. The Wall Street Journal investigation showed that influencers were getting paid to use a fake version of their platforms to make it appear as though they were winning big money.
The states are trying to clamp down on this obviously illegal activity. Naturally, this means the Trump regime is fighting to stop the clamp down. Because corruption! According to the WSJ report, “The CFTC has filed more than half a dozen lawsuits to stop states from regulating and taxing prediction markets.” Don’t forget that Donald Trump, Jr. is an investor in Polymarket and an advisor to Kalshi. Because, again, corruption!
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