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Lawsuit: Polymarket staged fake bets, paid for secret ads

Business,Big Business,Lawsuit,Technology,Social Media,Transparency,Advertising

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A new lawsuit alleges the popular online betting platform Polymarket staged fake bets on social media, paying for secret ads and aggressively luring college students to gamble while obscuring how likely they are to lose.

The National Association of Consumer Advocates accuses the company of orchestrating a deceptive marketing campaign targeting young people in the complaint filed Friday in the Superior Court of the District of Columbia...

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