Polymarket Fires CMO After Fake-Trade Probe,

1 hour ago 3

Rommie Analytics

Key Takeaways:

Polymarket said it has terminated its Chief Marketing Officer, Matthew Modabber, following an internal investigation of several sweeping marketing moments.
One episode, a spurious promotion for a ‘fake trade,’ is under scrutiny by the U.S. Commodity Futures Trading Commission.
The change follows a week of red flags from Polymarket as it raised $1 billion, valuing itself at $21 billion.

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