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by JumpCrisscross 65 days ago
> especially in a multipolar world where American sanctions increasingly fail

You're claiming the U.S. government is impotent against holding Polymarket to account?

> These markets are global

The trades in question are bets on Polymarket and Intercontinental Exchange Brent oil futures. These are well within the remit of American law enforcement.
2 comments
int32_64 65 days ago
>You're claiming the U.S. government is impotent against holding Polymarket to account?

Yes, if US regulators quash Polymarket their lunch will be eaten by a global competitor HQ'd in a country the US can't touch.

A lot of the insider weekend trading of oil is happening on hyperliquid, a DEX associated with developers in Singapore, what can the SEC or CFTC do to them?

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Mtinie 65 days ago
Why would the U.S. government want to sabotage prediction markets when the chief executive has a vested interest in keeping them legitimate?
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JumpCrisscross 65 days ago
> Why would the U.S. government want to sabotage prediction markets when the chief executive has a vested interest in keeping them legitimate?

"Solving" the problem of administration juniors compromising our military for profit doesn't require sabotaging anything. Just the exchanges turning over records.

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