While betting markets are becoming a key data point for candidates and media outlets seeking real time data, there are questions about where all that money is coming from — and whether it could be an attempt to influence public perception .

On Polymarket, which is not open to US residents (although a VPN can help get around that limitation), an overwhelming majority of bets in favor of a Zohran Mamdani mayoral victory are coming from China and the Middle East, according to an investigation viewed by The Post. The research was conducted by WAS Intel, a private group of forensic blockchain experts that specializes in finding manipulation in global markets.

As of Monday, the 10 wallets betting the most money on a Mamdani win controlled roughly 40% of the market, according to WAS Intel’s r

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