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by bigtechennui
575 days ago
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One explanation is it gives Polymarket more rope to hang themselves with. Trading volume likely spiked in the lead up, and during, election night. Big numbers make for splashier headlines. Another could be concern of doing anything visibly election related prior to the election, in case the winner didn’t like the action. |
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Of course, the exact meaning of "necessary" is the problem. We can probably all agree that letting a serial murderer kill more people in order to have more evidence against him would be an absolute abomination. But the situation is not that clear with white-collar crime, especially the sort of crime where the harm is not immediately obvious.
Maybe the fact that the FBI could wait that long before pouncing indicates that this sort of betting is, in fact, a victimless crime.