BlockBeats news: On January 23, prediction market platform Polymarket faced widespread criticism from the crypto and media communities for spreading false information through its official X account. Investor DCinvestor posted that they had unfollowed Polymarket's official account, not due to the product itself, but because it frequently posted a large amount of false information presented as "breaking news," seriously misleading users.
Media personality Rachel Karten also pointed out that the official Polymarket account "often posts completely fabricated news," a phenomenon she found "very strange."
One of the points of contention is a tweet labeled "JUST IN," in which Polymarket claimed that Jeff Bezos advised Gen Z entrepreneurs to first work at real-world companies like McDonald's or Palantir before considering starting their own ventures. Subsequently, Jeff Bezos himself directly replied to deny this, stating, "That's not correct. I'm not sure why Polymarket would make that up."
The incident has raised questions about the credibility of information and content moderation mechanisms on Polymarket. Against the backdrop of growing influence of prediction markets, the official account's dissemination of false information is seen as potentially misleading user decisions and market sentiment.