How are we supposed to use prediction markets to predict things without insider trading.
Unusual-State1827 on
>Federal authorities on Thursday arrested a special forces soldier who was involved in the capture of Venezuelan President Nicolas Maduro for allegedly pocketing more than $400,000 by betting on his removal from office, sources familiar with the arrest told ABC News.
>Federal investigators believe the commando bet more than $33,000 on the prediction market Polymarket just hours before President Donald Trump announced Maduro’s capture in January, the sources said.
>The series of bets — which netted more than $409,000 — immediately prompted scrutiny within the world of prediction markets and resulted in a monthslong investigation about whether inside information was used to place the bets.
>Sources told ABC News that the soldier was directly involved in the high-stakes military operation that resulted in the capture of Maduro and his wife.
>Hours before President Trump announced that Maduro was captured during “Operation Absolute Resolve,” the special forces soldier placed a series of bets on Polymarket, including whether Maduro would be removed from office by Jan. 31 and if the U.S. would invade Venezuela.
Thuggin95 on
What an idiot
Al_787 on
Bro doesn’t know he’s not allowed at the big boys’ table
DEEP_STATE_NATE on
Dude fucked up you gotta work in the executive branch in order to do that
5 Comments
Free my boy!
How are we supposed to use prediction markets to predict things without insider trading.
>Federal authorities on Thursday arrested a special forces soldier who was involved in the capture of Venezuelan President Nicolas Maduro for allegedly pocketing more than $400,000 by betting on his removal from office, sources familiar with the arrest told ABC News.
>Federal investigators believe the commando bet more than $33,000 on the prediction market Polymarket just hours before President Donald Trump announced Maduro’s capture in January, the sources said.
>The series of bets — which netted more than $409,000 — immediately prompted scrutiny within the world of prediction markets and resulted in a monthslong investigation about whether inside information was used to place the bets.
>Sources told ABC News that the soldier was directly involved in the high-stakes military operation that resulted in the capture of Maduro and his wife.
>Hours before President Trump announced that Maduro was captured during “Operation Absolute Resolve,” the special forces soldier placed a series of bets on Polymarket, including whether Maduro would be removed from office by Jan. 31 and if the U.S. would invade Venezuela.
What an idiot
Bro doesn’t know he’s not allowed at the big boys’ table
Dude fucked up you gotta work in the executive branch in order to do that