Trump’s Polymarket Surge Raises Manipulation Concerns
The post Trump’s Polymarket Surge Raises Manipulation Concerns appeared first on Coinpedia Fintech News
Donald Trump’s odds on Polymarket have surged to 53.1%, surpassing Kamala Harris as the US election nears. This rapid rise, fueled by significant bets from user “Fredi9999,” has sparked speculation of market manipulation, with some suggesting Elon Musk’s possible involvement due to his recent public support for Trump. While no concrete evidence links Musk to the bets, concerns remain about the influence large holders can have on the platform, raising questions about the fairness of the prediction market’s dynamics.