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morpheuskafkatoday at 4:02 PM2 repliesview on HN

> one party was busy making “bets” on Kalshi

This would arguably be much more severe -- and quite likely already happening -- than the whole "congress trading stocks" thing because most of those (besides the sports ones) tie very directly to government actions in a way that the economy or a large company in generally doesn't as predictably.


Replies

mikeyousetoday at 4:16 PM

It's definitely already happening and should lead to a congressional inquiry if we had a functioning congress: https://www.bbc.com/news/articles/cx2gn93292do

nemomarxtoday at 4:42 PM

Isn't the whole idea of prediction markets to let insiders bet on things so that you'll get insider info leaked?

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