Polymarket Fakes Creators Winning Bets & Fed Legend Alan Greenspan Dies at 100

June 23, 2026

AI Summary

5 min read

Polymarket’s Fake Betting Scheme, Alan Greenspan Dies at 100, and Instagram Wants You to Watch Reels on Your TV

Polymarket, the prediction market platform, has been caught paying creators—mostly college students—to film themselves placing fake wagers in a viral marketing scheme that may have violated disclosure laws. Meanwhile, former Federal Reserve chair Alan Greenspan, the most influential central banker of the modern era, has died at 100. And Instagram is testing horizontal video content designed for TV screens, blurring the line between social media and traditional television.

Polymarket’s Fabricated Viral Campaign

The Wall Street Journal published an investigation revealing that Polymarket paid more than 100 creators to produce videos showing them placing bets on the platform—except 70% of those bets were placed on fake websites designed to look like Polymarket. The scheme went deeper: 10% of the videos included fabricated or outdated footage suggesting the creators won their bets. In those clips, traders were portrayed as winning $900,000; in reality, they would have lost more than $166,000.

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What you'll learn

1 (00:34) **Show Open & Loudest Man Record** - Neil and Toby introduce the episode, then cover the Guinness World Record for the loudest shout (122.4 decibels) set by Australian town crier Joseph McGrail-Bateup
2 (03:24) **Polymarket's Fake Viral Betting Scheme Exposed** - The Wall Street Journal reveals the prediction market paid creators to film fake wagers, with 70% of videos using a lookalike site and 10% faking winning outcomes
3 (08:34) **Alan Greenspan Dies at 100 - Legacy of the "Maestro"** - Former Fed chair, who served 18.5 years across four presidents, dies; celebrated for low inflation and unemployment but criticized for hands-off policies that contributed to the 2008 financial crisis
4 (13:28) **Google Invests $75M in A24 for AI Tools** - Google takes its first ownership stake in a movie studio to develop AI workflows with DeepMind, sparking concern from creatives and fans
5 (18:38) **Toby's Trends: Instagram Wants You to Watch Reels on TV** - Instagram tests horizontal video on its TV app, pushing creators toward longer, episodic content to compete with Netflix and YouTube
6 (24:13) **SpaceX Stock Crashes Back to Earth** - Shares plunge 16% in worst day since IPO, erasing $60B in value after a bond offering and lockup expiration concerns
7 (25:15) **Google Stock Tumbles on AI Talent Flight** - Alphabet drops 5% in worst day in over a year after two top AI researchers leave for OpenAI and Anthropic

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Show Notes

#873: A look back at the career of Alan Greenspan, former Fed chair, who passed away at age 100. Google invests $75M into A24 for a new AI partnership. A Wall Street Journal investigation found Polymarket faked videos of creators winning large bets on their platform. Toby’s Trends on Instagram testing horizontal longform videos on the app. SpaceX shares tumble after a $400B selloff and Alphabet shares fall after key AI researchers depart.

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