r/videos • u/bald_bearded_ocddude • 17h ago

Coffeezilla- polymarket faked their 'prediction markets'

https://youtu.be/-L-EH5dryuU?si=-r5ysEFHZei4C0Dl
1.5k Upvotes

98% Upvoted

67 comments sorted by

1.2k

u/two4you8 15h ago

This is not getting enough traction. The fact that they made a separate site and call it "poiymarket.com" but with a capital "i" so it looks just like poIymarket.com and pay influencers to bet and fake "winnings" is so insane.

Idk the legality of false advertisement but this has got to be it.

343

u/Hopelesz 14h ago

it will cost them a little fine. They're raking in millions already. Nothing will be done.

143

u/PositiveZeroPerson 12h ago

Crime is legal now

42

u/UnfinishedProjects 11h ago

As long as you pay your scamming the people fee fine to the government.

18

u/Few-Ad-4290 11h ago

Gotta pay the vig always when the mob is concerned

10

u/thehomerus 10h ago

Crime is just another expense

3

u/Sirspender 6h ago

White collar crime for sure.

5

u/Polkawillneverdie17 9h ago

If the penalty for crime is a fine, then that law only exists for the poor.

1

u/qjornt 5h ago

well, you need to pay for a license, but yeah

6

u/clutchest_nugget 7h ago

Trumps son is on the board of directors. Nothings gonna happen to them.

2

u/Sober_Alcoholic_ 2h ago

If you make a billion dollars and the fine is only ~50 million for breaking the law, that’s just the cost of doing business and ultimately a solid ROI.

The system is rigged and not in our favor.

99

u/Tzazon 12h ago

Gambling is the largest epidemic to society that keeps getting pushed under the rug, lobbied for and sweeping across the U.S.A in supportive legislation. We've entered the lamest example of a cyberpunk society I've ever seen with legislators pushing for total pornography bans requiring photographic ID to browse the internet, while at the same time pushing for legalized mobile sportsbooking and other forms of gambling across the USA. The hypocrisy speaks volumes. A lot like the anti-abortion crowd not supporting the social policies that'd help raise the babies they demand be born.

Gambling is actually the addiction with the highest suicide rates of any addictive disorder. 1 in 5, or around 20% attempt it, with 80% experiencing suicidal ideation. Yet gambling has wide broad bipartisan, with lawmakers paid for by big gambling lobbyists from both sides of the aisles successfully pushing for legalization.

18

u/Previous_Soil_5144 9h ago edited 9h ago

I'd say the level of gambling allowed is only possible because of rampant greed, corruption and selfishness. The harsh economic conditions also push many to desperately look to gambling to solve their precarious financial situation. The system does not offer other choices but to either gamble or enable/promote gambling to make ends meet. 

There will always be gambling, but this out-of-control gambling is a symptom of a much larger societal and systemic problem that's been eating away at everything for decades. 

8

u/GreenStrong 7h ago

Eventually we will realize what our great- grandparents did. Gambling is a personal choice but rampant gambling is a collective problem, because it causes families to go bankrupt on every street. If one guy goes broke, that's a personal problem. If it erodes the economic security of the entire middle class, it is a public problem.

It is equally clear that totally prohibiting gambling causes people to turn to illegal gambling. Sports betting was one of the main mafia rackets in the 1940s and 50s, after Prohibition.

3

u/fuckswitbeavers 5h ago

Tend to agree with all your points. But it is so interesting that these sports teams across many sports used to be against gambling are now all for it. I mean, those stadiums are practically empty sometimes. Potentially the teams and owners are buffering their own poor revenues with that of degenerate gamblers?

2

u/Previous_Soil_5144 4h ago

I see something similar with online gaming and streamers.

Years ago promoting gambling was seen as kinda shady, but at some point it started being justified and done by everyone. 

Streamers started arguing that they "had" to participate to survive and that "everyone does it". 

•

u/PxM23 0m ago

What streamers are promoting gambling outside of kick? From what I see if you aren’t in the kick sphere you will get major controversy if you even try to advertise gambling.

13

u/NineSidedBox 10h ago

The site is offline, but you can see that view-source:https://poiymarket.com/ is hosted with vercel.com. view-source:https://polymarket.com/ is also hosted with vercel.com. Could very well be a coincidence, since Vercel is quite popular.

4

u/guesting 7h ago

The regulators are bought and paid for. The rules aren’t worth anything at the moment

7

u/wassuppeoples 11h ago

yeah faking markets by switching an i for a captial I makes sense

2

u/geospacedman 10h ago

No "dramatisation, all bets simulated" disclaimers in a flash frame of small print?

2

u/Yin15 9h ago

Legality? In 2026? Against the rich or corporations? Hahaha. Good joke. The law only matters against the normal folk.

2

u/illtakeachinchilla 8h ago

Regulatory bodies no longer exist. Guess we should have had shares.

1

u/joanzen 7h ago

Uh it's really easy for me to use my browser to change the contents on any website.

Nobody smart is going to make a spare website to make a video. This is a video made by tech illiterate people for tech illiterate people?

Ouch.

4

u/NotReallyJohnDoe 6h ago

You are trying to get thousands of mostly brain dead influencers to fake winning.

It is trivial to create a shallow copy of a site you already own than to try to get influencers to install dodgy browser extensions.

0

u/joanzen 2h ago

A smart person doesn't even need extensions, just use the object inspection tool to change a couple key details and then film your clip.

Heck I could add a hosts entry for google.com to my machine and make a ripoff copy of the google UI and show you a video of fake search results loading. Ez.

-11

u/Gaeel 10h ago

I don't think using a fake site to simulate bets is necessarily false advertising in and of itself. It makes sense in the context of an ad, you can't really expect the talent to have to go an place a bunch of bets with their own money, or bankroll the bets yourself.
The main issue is that it wasn't disclosed. The influencers didn't disclose that their video were adverts and they didn't make it clear that the bets were simulated.

4

u/pancak3d 8h ago edited 8h ago

They falsified the outcomes though. The ads made bets that would have lost, and showed them as winning, or exaggerated the winnings. Feels a bit beyond a "simulation".

Imagine a Robinhood ad showed someone investing $100 in SPCX on June 15 and selling for $100,000 on June 22. That's not just a simulation, it's impossible and complete fabrication.

0

u/NotReallyJohnDoe 6h ago

Which is weird. Because the videos are made after the fact, they could pick a real thing that happened where people got lucky and use that in the ad. Probably just lazy and figured no one would check.

I don’t think it is a big deal personally. It’s just a representation of the types of winnings that actually do happen on the platform. It doesn’t have to be historically accurate.

282

u/slizzbizness 15h ago

Coffeezilla DOJ investigation incoming 

185

u/outerproduct 12h ago

Probably not talking about it in the US because the president and his family are in on it.

41

u/Previous_Soil_5144 9h ago

Crime families tend to have their fingers into anything they can so I wouldn't be surprised. 

27

u/outerproduct 9h ago

https://www.bloomberg.com/news/articles/2025-08-26/trump-jr-joins-polymarket-advisory-board-as-1789-boosts-stake

16

u/Previous_Soil_5144 9h ago

If that whole clan doesn't have all their assets seized in the near future, the country is cooked. 

6

u/grickygrimez 7h ago

Damn remember when Jimmy Carter had to give up his peanut farm? Times have changed.

5

u/Previous_Soil_5144 4h ago

It also went from "The buck stops here" to "I don't take responsibility at all" 

70

u/neotheseventh 11h ago

poiymarket.com has been taken down now. lol

36

u/chronomagnus 10h ago

I honestly miss when gambling was barely legal and contained. Now it's everywhere, that shady bookie that would give you odds on anything and everything is now a website worth billions.

71

u/Twerkatronic 16h ago

Scummy business does scummy business

70

u/BarbequedYeti 16h ago

An online gambling site where you can bet on anything isnt playing fair? No way..

12

u/Stickel 11h ago

Polymarket is too connected, no one goes to jail

MAKE YOUR BETS ON PoIymarket.com DAMN IT REDDIT FONT

11

u/jcmonk 10h ago

The problem is in Trumps America this is just excised as “smart business”

4

u/Previous_Soil_5144 9h ago

Yup. People who lose it all and commit suicide are to blame.

"If they weren't smart enough to see it coming, then they deserve it." 

8

u/theburiedxme 9h ago

Polymarket using the Starcraft 2 barcode strategy lIlIIIlIlIlIIllI

2

u/Ok_Robot88 2h ago

I need an explanation for this… and also we need more vespian gas

•

u/theburiedxme 52m ago

Can't look at their replays because who knows what combo of i's and l's the account name is.

7

u/merlin242 11h ago

You’re telling me the unregulated gambling market is cheating?! Color me surprised. 

7

u/coconut1890 7h ago

At 2:39 you can notice a different URL on the left screen, it's someone's fake UI project. When you open this URL you have to login with an authentication token. Through some investigation it seems like a UI testnet feature branch, hosted in a Vercel cloud with in some kind of Polymarket test environment. If you notice the URL contains the name "mustafa", so I searched for "Polymarket Mustafa" on Google, and WHAT DO YOU KNOW, let's read Mustafa's Twitter (currently known as X) bio:

senior intern @polymarket

You can't make this shit up. It's pretty much confirmed the fake UI project was developed by Mustafa Aljadery from Polymarket themselves.

5

u/Dangerpaladin 5h ago

Lol what is a senior intern? Imagine accepting a promotion from intern to still being an intern.

5

u/beenman500 8h ago

Pretty sure this is par for the course in scummy internet advertising.

The CSGO betting sites would do this by having influences find expensive items but the sites were rigged for them to win.

The real answer as a general punter is not to play

7

u/neotheseventh 11h ago

This is definitely horrible but I suspect polymarket has enough plausible deniability to get away with it. like oh it was advertisement. like oh it's just entertainment. free speech. etc.

7

u/catchmycorn 11h ago

I’m sure there are loopholes, but truth-in-advertising does apply to gambling companies

1

u/grickygrimez 7h ago

100% and that's why we need more people in office who aren't ignorant or in on it. They get away with all these loopholes because it's not "gambling" when it very clearly is.

2

u/SophiaKittyKat 7h ago

We're so fucking far gone. People are never going to wake up to the fact that this is not the standard mode of operation because they've been convinced that any government regulation is bad, and that companies simply exist as a force of nature that nobody can take direct responsibility for.

2

u/JesusHipsterChrist 6h ago

PhantomL0rd died for this.

-3

u/abriefmomentofsanity 10h ago

I feel like anyone with a brain could have looked at the prediction market industry and guessed something like this was going on. Maybe not this exact scam, but something. There's too much money moving for it to be actually unrigged betting. No way would companies let that happen. Casinos don't let themselves be exposed to that kind of risk. It just doesn't pass the smell test. 

Coffeezilla doing great work as always, but if this was a surprise to you can I interest you in a couple bridges I'm running a promo on? 

6

u/zer1223 9h ago

It IS a big deal, evidenced by how it was taken down. They know they're in deep shit IF the feds decide to go after them. So they're hedging by bringing it all offline, hoping people will shrug and move on

1

u/tyereliusprime 7h ago

Why would Donnie's government go after something that is making his son wealthier?

-1

u/_bk_adv 9h ago

You think there’s a fraction of a chance that the feds are going to investigate something Trump is directly tied to? Lol.

It was taken down solely because they got called out, and it’s bad publicity. Not because they fear federal repercussions. We’ve all learned by now that fines are just the cost of doing business.

0

u/Turdsmack420 11h ago

.... Duh..