As prediction markets boom, there are other questions, too — about insider trading, market manipulation, and whether the public has turned against them.
Trump came in and said you guys are amateurs. I'm going to make millions not thousands... she had access to material non-public information but she didn't start a wire service selling her inside information right to others.
Trump came in and said you guys are amateurs. I'm going to make millions not thousands. And then just the brazeness of saying this is tantamount to — Republicans will always say and it's accurate that Speaker Pelosi up 600% in the past 10 years the S&P up 200% that clearly she had access to non to material non-public information but she didn't start a wire service selling her inside information.
It's becoming increasingly untenable for prediction markets to sit in the middle of the tension between gambling on the news and trying to self-regulate such that they don't encourage insider trading.
7mo ago
Underscored — save the words that stop you in your tracks.
