# Scams Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Scams", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

Ads During the American Super Bowl Look Like Scams

The 2026 Super Bowl, often called the "American Super Bowl," was a spectacle of sports, entertainment, and high-stakes marketing. This year’s event featured three notable incidents that highlight the intersection of prediction markets, insider information, and viral marketing. First, a newly created account on the prediction market Polymarket placed nearly $80,000 in bets—with 17 out of 19 wagers correctly predicting details of the halftime show, including appearances by Lady Gaga and the absence of Travis Scott. The account’s near-perfect accuracy led to suspicions of insider trading, possibly linked to the event’s production team. Second, a trader named Alex Gonzalez ran onto the field during the game with promotional messages painted on his body. Reports indicate he had previously bet on such a field invasion occurring, after accounting for legal fees and bail, netted around $70,000. His actions blurred the line between predicting and creating events for profit. Finally, a viral “leaked” video showed influencer Logan Paul apparently betting $1 million on Polymarket during the game. It was later revealed to be a marketing stunt orchestrated by Polymarket itself, in which Paul has investment ties. Together, these events illustrate how prediction markets can be manipulated through insider knowledge, performative acts, and staged publicity—raising questions about authenticity in high-profile events.

marsbit02/12 05:55

Ads During the American Super Bowl Look Like Scams

marsbit02/12 05:55

Nigerian SEC Partners With Police To Tackle Crypto Ponzi Schemes – Details

Nigerian SEC Partners With Police To Tackle Crypto Ponzi Schemes – Details The Nigerian Securities and Exchange Commission (SEC) is intensifying its focus on the local cryptocurrency industry. It has formed an alliance with the Nigeria Police Force (NPF) to combat cryptocurrency fraud and other illegal operations. SEC Director-General Dr. Emomotimi Agama, meeting with the Inspector General of Police, expressed deep concern over malicious actors exploiting investors' trust through the "glamorous but misunderstood language of cryptocurrency and forex trading." He described these actions as a social menace that erodes public confidence. To close the enforcement gap, Dr. Agama proposed creating a specialized SEC-NPF team with financial and tactical intelligence to curb investment fraud. The IGP approved the collaboration. This initiative follows significant crypto scams in Nigeria, most notably the crash of the Crypto Bridge Exchange (CBEX) in April 2025, which resulted in over $916 million in lost user funds. Alongside this new partnership, the SEC has implemented other protective measures, including revised minimum capital requirements for Virtual Asset Service Providers (VASPs) and publishing a list of identified fraudulent businesses. This regulatory push is crucial for Nigeria, a fast-growing crypto hub where approximately 22 million people hold digital assets.

bitcoinist01/18 12:01

Nigerian SEC Partners With Police To Tackle Crypto Ponzi Schemes – Details

bitcoinist01/18 12:01

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