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Lol so Logan Paul apparently tried to pull off this $1m bet on Polymarket during the Super Bowl, but crypto sleuths immediately caught him lacking. Dude's account had zero funds. ZachXBT looked at the top holders and confirmed none of it matched up - classic Logan Paul bet that never actually happened. He's calling it 'yet another Logan Paul scam,' which honestly tracks given his history with investors losing money on his projects.
The whole thing's getting messier too. People are speculating about undisclosed ties between Paul and Polymarket, plus he was apparently livestreaming promo attempts for the platform. Meanwhile, both Polymarket and Kalshi are getting heat from regulators and getting dragged online for marketing gambling as investing. Some crypto commentators are comparing their ads to 'rat poison squared' - basically saying they're deliberately targeting young people with risky gambling mechanics dressed up as prediction markets.
Seattle won 29-13 anyway, so Paul dodged an actual loss, but the whole incident just shows how messy this space is getting with celebrity promotions and legal battles.