Polymarket Lied About Money

A2

Polymarket Lied About Money

Polymarket 在金錢問題上撒謊


Introduction

A report says Polymarket lied to new users. They used fake websites and paid people to show fake wins.

一份報告指出 Polymarket 向新用戶撒謊。他們使用了假網站,並支付費用請人展示虛假的獲利。

Main Body

Polymarket made fake websites. These sites looked real but they were not. People made videos with these sites. The videos showed they won $1.9 million. But the real site showed they actually lost money.

Polymarket 製作了假網站。這些網站看起來很真實,但實際上並非如此。有人使用這些網站拍攝影片,影片中顯示他們贏得了 190 萬美元。但真實的網站顯示他們實際上是虧損的。

Polymarket paid people to make these videos. They paid $2,000 to $3,000 every month. The company told these people to hide the truth. They did not say they worked for Polymarket.

Polymarket 付費請人拍攝這些影片。他們每月支付 2,000 到 3,000 美元。公司要求這些人隱瞞真相,不得透露自己為 Polymarket 工作。

The US government told Polymarket to stop its work in the US in 2022. But many US users still use the site. Some people also cheated to win money on the platform.

美國政府在 2022 年要求 Polymarket 停止在美國的業務。但許多美國用戶仍在使用該網站。有些人還在平台上作弊以贏取金錢。

Conclusion

Polymarket is now checking its ads. The government may start a legal case soon.

Polymarket 目前正在檢查其廣告。政府可能很快會啟動法律程序。

Vocabulary Learning

The 'Opposite' Word Trick

In this story, we see words that mean the opposite. This is the fastest way to grow your vocabulary for A2.

The Pattern:

  • Real \rightarrow Fake
  • Won \rightarrow Lost
  • Truth \rightarrow Lie

How to use it in a sentence: "The website looked real, but it was fake."


Action Words (Past Time)

When we tell a story about something that already happened, we add -ed to the end of the action.

  • Pay \rightarrow Paid (Special form)
  • Lie \rightarrow Lied
  • Cheat \rightarrow Cheated

Example: "Polymarket lied to the users."


Simple Money Talk

When talking about money in English, we put the symbol ($) before the number.

  • Correct: $2,000
  • Wrong: 2,000$

Tip: Use 'million' for very big numbers (1,000,000 = 1 million).

Vocabulary Learning

report (n.)
A piece of writing or a talk that gives information about something.
Example:I read a news report about the company.
fake (adj.)
Not real; made to look like something else to trick people.
Example:He wore a fake watch that looked expensive.
actually (adv.)
In real truth; used to show a fact is different from what people think.
Example:She looks young, but she is actually 40 years old.
hide (v.)
To keep something secret so others cannot see or find it.
Example:Do not hide the truth from your parents.
cheated (v.)
Acted dishonestly to win or get an advantage.
Example:The student cheated on the test by using a phone.
platform (n.)
A digital service or website where people can do specific activities.
Example:Instagram is a popular social media platform.
legal case (n.)
A problem or disagreement that is decided in a court of law.
Example:The company is facing a legal case because of the accident.
B2

Investigation into Deceptive Marketing by Prediction Platform Polymarket

調查預測平台 Polymarket 的欺騙性營銷行為


Introduction

A recent journalistic investigation has revealed that Polymarket used fake trading environments and paid influencers to mislead potential users about the financial gains they could achieve.

最近的一項新聞調查顯示,Polymarket 使用虛假的交易環境並支付費用給影響力者,以誤導潛在用戶對其可能獲得財務收益的認知。

Main Body

Polymarket's strategy involved creating fake, non-working websites that looked like the real platform. These sites allowed content creators to record fake trades and show huge winnings. In total, 1,105 analyzed videos showed about $1.9 million in profits; however, actual data shows these wins never happened on the real exchange. In fact, 118 videos showed gains of nearly $900,000 that would have actually been losses of over $166,000 if they had been made on the live platform.

Polymarket 的策略包括創建虛假的、無法運作的網站,使其看起來像真實平台。這些網站允許內容創作者記錄虛假交易並展示巨額獲利。在分析的 1,105 段影片中,總計顯示獲利約 190 萬美元;然而,實際數據顯示這些獲利在真實交易所中從未發生。事實上,118 段影片顯示獲利近 90 萬美元,但如果是在實際運行的平台上操作,實際上將會損失超過 16.6 萬美元。

Furthermore, the company worked with a marketing firm to manage a network of social media creators. These individuals were paid between $2,000 and $3,000 per month and were given scripts to follow. They were specifically told to hide their financial connection to Polymarket and avoid using the company's name in their profiles. These partnerships were only revealed after the Wall Street Journal began asking questions.

此外,該公司與一家營銷公司合作管理一個社交媒體創作者網絡。這些人員每月獲得 2,000 至 3,000 美元的報酬,並被要求遵循特定劇本。他們被明確指示要隱藏與 Polymarket 的財務關係,並避免在個人簡介中使用公司名稱。直到《華爾街日報》開始詢問後,這些合作關係才被揭露。

From a legal point of view, the platform's situation is complicated. In 2022, the Commodity Futures Trading Commission (CFTC) ruled that Polymarket was an unregistered exchange, leading to restrictions in the U.S. Although they launched a regulated mobile app, most users still access the offshore site using VPNs. Additionally, the platform has faced accusations of insider trading, including a federal case involving a Google employee.

從法律角度來看,該平台的情況十分複雜。2022 年,商品期貨交易委員會 (CFTC) 裁定 Polymarket 為未註冊交易所,導致其在美國受到限制。儘管他們推出了受監管的行動應用程式,但大多數用戶仍透過 VPN 訪問離岸網站。此外,該平台還面臨內幕交易的指控,包括一起涉及 Google 員工的聯邦案件。

Conclusion

Polymarket is now conducting an internal review of its marketing materials, while federal agencies have not yet confirmed if they will start formal legal proceedings.

Polymarket 目前正在對其營銷材料進行內部審查,而聯邦機構尚未確認是否將啟動正式的法律程序。

Vocabulary Learning

⚡ The 'Contrast Shift': Moving from A2 Simple Sentences to B2 Complexity

At the A2 level, we usually say: "The videos showed profits. But the data shows they were losses." This is clear, but it sounds like a child speaking. To reach B2, you need to connect these opposing ideas into one sophisticated thought using Contrast Connectors.

🔍 The 'However' Power-Up

Look at this sentence from the text:

*"...1,105 analyzed videos showed about $1.9 million in profits; however, actual data shows these wins never happened..."

Why this is B2 level: Instead of starting a new sentence with "But," the writer uses a semicolon and "however." This creates a logical bridge that tells the reader: "Wait, the first part is a lie, and here is the truth."

🛠️ Upgrade Your Patterns

To move your English from basic to fluent, stop using But and start using these three structures found in professional reports:

  1. The "Although" Flip (Adding a concession)

    • A2: The app is regulated, but people use VPNs.
    • B2: Although they launched a regulated mobile app, most users still access the offshore site using VPNs.
  2. The "In Fact" Intensifier (Correcting a misconception)

    • A2: They didn't win money. They lost money.
    • B2: In fact, 118 videos showed gains... that would have actually been losses.
  3. The "While" Parallel (Comparing two simultaneous situations)

    • A2: Polymarket is reviewing materials. Agencies are not confirming legal actions.
    • B2: Polymarket is now conducting an internal review... while federal agencies have not yet confirmed if they will start formal legal proceedings.

💡 Pro Tip for the Transition: B2 speakers don't just provide information; they provide relationships between information. Next time you want to say "But," try starting your sentence with "Although..." and see how your professional tone instantly improves.

Vocabulary Learning

deceptive (adj.)
Intended to mislead or trick someone into believing something that is not true.
Example:The company was fined for using deceptive advertising to attract new customers.
mislead (v.)
To give someone a wrong idea or impression about a situation.
Example:The salesperson tried to mislead the customer about the car's actual mileage.
unregistered (adj.)
Not officially recorded or listed on an official list of authorized entities.
Example:The government shut down the unregistered business for failing to pay taxes.
restrictions (n.)
Official rules that limit what you can do or how you can do something.
Example:There are strict travel restrictions in place to prevent the spread of the virus.
accusations (n.)
Statements claiming that someone has done something wrong or illegal.
Example:The politician denied all the accusations of corruption.
proceedings (n.)
The formal process of a legal case in a court of law.
Example:The legal proceedings against the company will begin next month.
C2

Investigation into Deceptive Marketing Practices by Prediction Market Platform Polymarket

調查預測市場平台 Polymarket 的欺騙性營銷行為


Introduction

A journalistic investigation has revealed that Polymarket utilized simulated trading environments and paid influencers to misrepresent financial gains to prospective users.

一項新聞調查揭露,Polymarket 利用模擬交易環境並支付費用給影響者,向潛在用戶虛報財務收益。

Main Body

The operational methodology employed by Polymarket involved the creation of mirrored, non-functional websites—including a domain with a deceptive character substitution—to facilitate the recording of fabricated trades. These simulated environments allowed content creators to depict substantial winnings, totaling approximately $1.9 million across 1,105 analyzed videos, despite trade data indicating that such outcomes did not occur on the actual exchange. Specifically, 118 videos portrayed gains of nearly $900,000 that, had they been executed on the live platform, would have resulted in losses exceeding $166,000.

Polymarket 採用的操作方法包括建立鏡像且無功能的網站——其中包含一個使用欺騙性字元替換的域名——以方便記錄虛假交易。這些模擬環境讓內容創作者能夠描繪巨額獲利,在 1,105 段分析影片中總計約 190 萬美元,儘管交易數據顯示實際交易所中並未發生此類結果。具體而言,118 段影片描繪了近 90 萬美元的收益,而若在真實平台執行,這些交易將導致超過 16.6 萬美元的損失。

Stakeholder positioning reveals a coordinated effort to maintain an appearance of organic growth. Polymarket engaged a marketing firm to manage a network of 'clippers' and creators, who were provided with scripted guidance and compensated between $2,000 and $3,000 monthly. These contractors were instructed to conceal their financial relationship with the company and avoid using the corporate name in their social media handles. Disclosure of these partnerships only commenced following inquiries from the Wall Street Journal.

利害關係人的定位顯示,這是一次旨在維持有機增長假象的協調行動。Polymarket 聘請了一家營銷公司來管理一個由「剪輯師」和創作者組成的網絡,他們被提供劇本指導,每月獲得 2,000 至 3,000 美元的報酬。這些承包商被指示隱瞞與公司的財務關係,並避免在社交媒體帳號中使用公司名稱。直到《華爾街日報》詢問後,這些合作關係才開始被披露。

From a regulatory perspective, the platform's legal standing remains complex. Following a 2022 determination by the Commodity Futures Trading Commission (CFTC) that Polymarket operated an unregistered exchange, the primary site was restricted in the United States. While a limited, regulated mobile application was launched via the acquisition of QCX, the majority of trading volume persists on the offshore platform, accessible to U.S. users via virtual private networks. Furthermore, the platform has faced allegations of insider trading, including a federal case involving a Google employee and reports of anomalous win rates regarding military operations.

從監管角度來看,該平台的法律地位仍然複雜。商品期貨交易委員會 (CFTC) 於 2022 年判定 Polymarket 經營未經註冊的交易所,導致主站於美國境內受限。雖然該平台透過收購 QCX 推出了受監管的有限度行動應用程式,但大部分交易量仍維持在離岸平台,美國用戶透過虛擬私人網路 (VPN) 訪問。此外,該平台還面臨內幕交易指控,包括一起涉及 Google 員工的聯邦案件,以及關於軍事行動勝率異常的報告。

Conclusion

Polymarket is currently conducting an internal audit of its promotional materials following these findings, while federal regulatory agencies have yet to confirm if formal investigations will ensue.

在這些發現之後,Polymarket 目前正對其促銷材料進行內部審計,而聯邦監管機構尚未確認是否會展開正式調查。

Vocabulary Learning

The Architecture of Institutional Evasion

To transition from B2 to C2, a student must move beyond simple "reporting" and master Nominalization and Syntactic Density. The provided text doesn't just describe a scam; it uses the language of institutional sterility to distance the narrative from the raw emotion of the fraud.

⚡ The Linguistic Pivot: "Operational Methodology"

Consider the phrase: "The operational methodology employed by Polymarket involved the creation of mirrored, non-functional websites..."

At a B2 level, a writer might say: "Polymarket used a method to create fake websites."

C2 Breakdown:

  • Abstract Nominalization: Instead of using the verb "to operate" or "to work," the author uses "operational methodology." This transforms an action into a conceptual object, creating an aura of objectivity and clinical precision.
  • The Passive Influence: By stating the methodology was "employed," the sentence shifts focus from the actor (the people lying) to the system (the method of lying). This is a hallmark of high-level legal and journalistic writing.

🧩 Strategic Lexical Collocations

C2 mastery is found in the precision of word pairing. Note these high-density clusters:

  • "Deceptive character substitution": Precise technical jargon that replaces the vague "fake link."
  • "Stakeholder positioning": A corporate euphemism used to describe the strategic arrangement of people for a specific image.
  • "Anomalous win rates": Replacing "weird/strange" with "anomalous" signals a transition into statistical and regulatory discourse.

🖋️ The "Counterfactual Conditional" for Impact

Observe the structural sophistication here:

"...gains of nearly 900,000that,hadtheybeenexecutedontheliveplatform,wouldhaveresultedinlossesexceeding900,000 that, had they been executed on the live platform, would have resulted in losses exceeding 166,000."

This is a Third Conditional inversion. Instead of saying "If they had been executed...", the author uses "had they been executed." This inversion is a signature of C2-level formal prose, removing the necessity for "if" and increasing the rhythmic gravity of the sentence. It allows the writer to contrast a fabricated reality with a hypothetical truth with surgical efficiency.

Vocabulary Learning

misrepresent (v.)
To give a false or misleading account of the nature of something.
Example:The company was sued for attempting to misrepresent the efficacy of its new drug during the clinical trials.
fabricated (adj.)
Invented or concocted, typically with deceitful intent.
Example:The witness's testimony was later proven to be entirely fabricated to protect the defendant.
organic (adj.)
In a business context, growth that occurs naturally or internally rather than through artificial means or acquisitions.
Example:The startup preferred organic growth through word-of-mouth rather than spending millions on aggressive advertising.
commenced (v.)
To begin or start a process or activity.
Example:The legal proceedings commenced immediately after the evidence was admitted by the court.
anomalous (adj.)
Deviating from what is standard, normal, or expected.
Example:The scientists were puzzled by the anomalous data point that contradicted all previous findings.
ensue (v.)
To happen or occur afterward or as a result of a previous event.
Example:After the controversial decision was announced, a heated debate ensued among the board members.
Practice All words in a crossword