ZachXBT: PolyArb is a fake prediction market product equipped with a wallet stealer.
On-chain investigator ZachXBT replied that PolyArb is a fake prediction market product whose website contains a wallet-stealing script. Previously, PolyArb claimed on X that the Hyperliquid HIP-4 outcome market achieved $6.15 million in daily BTC trading volume within 48 hours. William LeGate, Head of User Growth, questioned its claims regarding Polymarket’s fee structure. ZachXBT warned that replying to the relevant account could generate further exposure and increase the number of potential victims.
