Alleged Manipulation in Crypto Prediction Market
A researcher has raised serious concerns about potential manipulation within the crypto prediction market, specifically targeting a bettor known as 'Fredi9999' or 'Fredi.' This individual reportedly influenced Donald Trump's odds on Polymarket, pushing his chances up to 60.7% while simultaneously causing Kamala Harris's odds to drop to 39.3%.
Political bettor Domer highlighted Fredi's tactic of placing large bets on Trump, which significantly affected the market's equilibrium. Investigations revealed multiple accounts linked to Fredi, collectively controlling a staggering $28 million. This raised suspicions of a coordinated betting effort.
Speculations regarding Fredi's identity have surfaced, with theories suggesting a possible French connection or involvement in a larger scheme. Criticism has also been directed at Polymarket's reporting practices by analyst Hasu, especially considering past occurrences where individual bets significantly influenced market dynamics.
The implications of Fredi's activities call for a thorough investigation, as the article poses critical questions about the motivations behind such massive bets in prediction markets.
For more AI-generated news, visit: https://app.chaingpt.org/news
#MemeCoinTrending #SCRSpotTradingOnBinance #USRetailSalesBoost #TeslaTransferBTC #Write2Earn!
