On November 5, news from Bloomberg reported that the prediction platform Polymarket has been paying KOLs on American social media to promote its election betting services. However, the platform is actually banned from offering betting services to U.S. users, including presidential election betting. In September, Polymarket's Senior Growth Director Armand Saramout sought sponsorship agreements with influential figures in the U.S. In recent weeks, several Instagram accounts with large followings have published sponsored content for Polymarket with the PMPartner and PolymarketPartner tags.