Prediction market players want to be the news, and they've even devised new, frankly unconvincing frameworks for why they should be considered legitimate sources of information — instead of just anything-goes casinos.
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.
1mo ago
Underscored — save the words that stop you in your tracks.