#预测市场监管与诚信 The prediction market is becoming more and more outrageous. A trader on Polymarket bet $32,500 on Maduro stepping down and made $400,000 in less than 24 hours, with a return of 1200%. Even more incredible, this guy timed his trades so precisely that he started building his position hours before Trump’s announcement.



After analyzing on-chain data, it turns out this money might be linked to WLFI co-founders. U.S. Congress members couldn’t stand it and are pushing for legislation to crack down—banning officials and politicians from using insider information to trade on prediction markets.

Honestly, the original intention of prediction markets was good, but now they’ve become a breeding ground for information asymmetry. Those with key information enter the market to cut leeks, and ordinary users are just the ones being harvested. The exposure of this incident is actually a good thing, as it at least reveals how chaotic these platforms are now. Regulation must keep up, or prediction markets will completely become a legal cover for insider trading.
WLFI-0,05%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)