Y
Hacker News
new
|
ask
|
show
|
jobs
by
mikeweiss
22 days ago
You are correct, but you say this like the prediction markets are open about this fact. They aren't and if you ask them they will deny this.
1 comments
hoten
22 days ago
I think they are open about it. John Oliver did a piece on it last month and I recall an interview where the founder of one of these prediction markets shared this as a beneficial effect of the product.
link
mikeweiss
22 days ago
I once asked in Kalshi subreddit if insider trading was the entire point and my post was removed by the mods..
link
wallst07
22 days ago
That [getting banned] doesn't tell you anything really, they probably just thought you were a troll.
I get banned from subs sometimes by just asking a opposing question.
link
mikeweiss
22 days ago
They literally have a marketing page about how they are "different"
https://kalshi.com/policy-center/insider-trading
link