According to Decrypt, Polymarket yesterday announced the results of Google search trends in 2025, and the unpopular singer d4vd won. A user codenamed 0xafEe accurately bet on all the main candidates, making a profit of 1.15 million US dollars, raising questions about insider trading.
The user not only correctly predicted the victory of d4vd (only 0.2% win rate at the time), but also accurately judged the defeat of popular candidates such as Pope Leo XIV and Trump. The user immediately changed his nickname after the incident, which added to the suspicion. Polymarket veteran user Car questioned on the X platform: This is basically an internal employee making extra money.
But others argue that insider trading is a feature of such platforms rather than a bug, bringing the prediction market closer to the true probability.
Polymarket user suspected of insider trading, mysterious account profits millions of dollars
2025-12-05 01:53:28
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