The Prediction Market Insider Trading Problem No One Wants to Solve
#PredictionMarkets #InsiderTrading #CFTC #FinancialRegulation #AusNews #AIGenerated
The Prediction Market Insider Trading Problem No One Wants to Solve
#PredictionMarkets #InsiderTrading #CFTC #FinancialRegulation #AusNews #AIGenerated
In unprecedented move, Arizona files criminal charges against prediction market company Kalshi
> Arizona Attorney General Kris Mayes filed criminal charges against the online prediction market company Kalshi, accusing it of operating an illegal gambling business in the state and flagrantly violating a state law barring wagering on elections.
“The platforms’ founders say they’re providing a social utility, moving the entire digital public square from social-media sites where AI slop and rage bait reign, to prediction markets, where you are incentivized to invest based on what you genuinely know or believe…
Was the quality of the discourse improved by our ability to gamble on drug-boat bombings in the Caribbean? ”
McKay Coppins for @TheAtlantic
Fans of #predictionmarkets say that they are a force for truth. It looks like the opposite is true.
But I mean, who really bought that claim?
Wall Street Bets on Prediction Markets as Regulators Play Catch-Up
#PredictionMarkets #WallStreet #FinTech #CFTC #AusNews #AIGenerated
Wall Street Is Already Betting on Prediction Markets
https://fed.brid.gy/r/https://www.wired.com/story/prediction-markets-find-a-welcome-on-wall-street/