Polymarket Paid 800+ People Via CMO’s Personal PayPal, Report Finds

TLDR: Polymarket CMO Matthew Modabber sent $2.5M via personal PayPal to 800+ recipients in 14 months. At least $350K went to influencers who posted about Polymarket 490+ times without disclosures. Former FTC official says paid endorsements require clear, conspicuous disclosure under agency rules. Polymarket spent $112M acquiring a licensed U.S. exchange as it moves toward [...]

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