Yhn BusinessFinance first seen 2 d ago, last 5 min ago, peak #12
Nearly All Volume on FIFA-Linked Prediction Market Is Circular Trading
The Wall Street Journal reports that a prediction market affiliated with FIFA is seeing nearly all of its trading volume come from circular trading, in which trades essentially pass among related parties rather than reflecting genuine market demand. The finding raises questions about how much real activity and user interest the platform actually has.
Why now: The report suggests inflated activity figures on a high-profile new betting market tied to FIFA, drawing scrutiny.
Rank over time, top of the chart is #1. 50 snapshots from 2 d ago to 5 min ago.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/2670654