Prediction markets are gaining traction due to concerns over misleading election polls. Harry Crane, a statistics professor at Rutgers University, and Koleman Strumpf, an economics professor at Wake Forest University, wrote in The Wall Street Journal that election polls should be subject to stricter regulatory scrutiny than prediction markets. They cited Median Strategies and Wedgewood Polls as examples of companies that reportedly published fabricated election data, influencing campaign narratives and decision-making.