[zelly]

It would have to use some type of "untraceable" cryptocurrency like Monero because of that way to expose the hitman. Using traceable money (e.g. dollars in bank accounts or Bitcoin), the police can just plainly see the destination of the funds from the prediction market's wallet (which, if decentralized, must be known or, if centralized, could be discovered through espionage).

[jhardy54]

> Assuming the prediction market isn't untraceable, would this be legal?

My question is whether it's actually illegal to take this bet, since it doesn't really prove that you're the hitman.

[zelly]

Sorry I missed that. If it were legal, I'd assume there'd be a law making it illegal within a few days.

[Enginerrrd]

The question is moot since if it wasn't, and you made such a market, it soon would be. Realistically, the FBI would find a way to get you for something even in the meantime.