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Suspicious prediction market activity seen before election poll release: NYT

Suspicious prediction market activity seen before election poll release: NYT

Bets were placed shortly before two recent New York Times/Siena political polls were released to the public, according to a report.

Suspicious prediction market bets were placed shortly before two recent New York Times/Siena political polls were released to the public, according to a report.

Vanderbilt University researchers said a Polymarket user bet almost $200,000 on Oct. 31 that Nebraska Senator Pete Ricketts would be re-elected. An hour later, a Times/Siena poll was released showing Ricketts in the lead.

A Friday New York Times report said while it was not clear if the user had access to inside information, they won more than $77,000.

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Source: Cointelegraph →