Polymarket paid US social media influencers for election content

Prediction betting platform Polymarket has paid US-based social media influencers to promote election bets on the site – even though no one in the country is allowed to use the tool to place bets, including on Tuesday's presidential election.

Armand Saramout, senior director of growth at Polymarket, sought sponsorship deals with U.S. influencers in September, according to outreach notices obtained by Bloomberg News.