Bollcoin, October 23 — According to the New York Post, people familiar with the matter said that Matthew Modabber, who has served as Polymarket's chief marketing officer (CMO) since January 2024, has been fired. The move follows an internal investigation by the company into a series of incidents that drew outside attention and also worried the company's investors. One of the incidents involves allegations that Modabber's team created fake webpages to promote "staged" videos showing users profiting through fake trades. The scheme was exposed in a June report by the Wall Street Journal and subsequently triggered an investigation by the U.S. CFTC. The investigation is still ongoing, and no violations have been determined yet.