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France Football Investigates Suspicious Crypto Bets Predicting Exact Ballon d’Or Top Five

· GlobeWire Daily Sports Desk · Source: www.theguardian.com

2 min read

Key takeawaysAn investigation has been launched by Ballon d'Or organiser France Football following reports of suspicious cryptocurrency bets that correctly predicted the exact top-five men's finishing order, generating nearly $200,000 in winnings.
Suspicious bets returning £149,000 for predicting Ballon d’Or under investigation

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An investigation has been launched by Ballon d'Or organiser France Football following reports of suspicious cryptocurrency bets that correctly predicted the exact top-five men's finishing order, generating nearly $200,000 in winnings.

France Football has contacted the police regarding the wagers placed through Polymarket, an American cryptocurrency-based prediction market. Reports indicate that 12 accounts wagered more than $264,000 ahead of the ceremony where Harry Kane won the award, followed by Kylian Mbappé, Lamine Yamal, Rodri, and Lionel Messi in that exact sequence.

Investigation Details and Findings

  • Identified Accounts: French media outlet Upside reported identifying 12 Polymarket accounts created between October 1 and October 20 with similar activity patterns.
  • Wagering Patterns: Seven accounts had no prior betting history, and six placed initial bets within 15 minutes of creation.
  • Blockchain Tracking: Investigators traced one transaction to a French platform, which reportedly confirmed identifying the individual behind the funding source.

Official Response and Next Steps

Upside shared its findings with France Football, owned by Groupe Amaury, which confirmed an investigation has been opened and police informed. Prior to the ceremony, organisers stated that only a small number of individuals knew the results in advance, raising concerns regarding potential leaks of confidential information.

  • How to Verify: Official updates regarding the investigation can be monitored through statements released by France Football and relevant sports integrity authorities.
  • Practical Implications: The situation highlights ongoing regulatory and security challenges surrounding prediction markets and high-profile sports awards.
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