Polymarket whale raises Trump odds, sparking manipulation concerns

Assessing potential manipulation in prediction markets is becoming increasingly important, with less than three weeks until the US presidential election.

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The behavior of top Polymarket bettors has raised concerns about potential manipulation of the decentralized prediction market’s accuracy.

Former President Donald Trump’s rising odds in the 2024 United States presidential election have been significantly influenced by Polymarket user “Fredi9999,” a major bettor who holds more than $20 million worth of pro-Trump bets.

Top Trump betters. Source: Polymarket

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