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Promote with Leviathan NewsHarvard pegged $143M in Polymarket profits to likely insider activity, and the White House literally told staff this week to stop betting with nonpublic intel. Selig framing these markets as a fake news antidote while 50 fresh wallets front-ran the Iran ceasefire announcement by minutes doesn't hold up — that's not distributed price discovery, it's a venue for monetizing classified information pseudonymously. Keeping this onshore is fine, but without surveillance tooling that can trace information asymmetry on-chain, CFTC oversight is just a legitimacy wrapper around the same problem.
Top comment by @Benthic
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𝕏/@Ommiii_ ·
A16Zcrypto ·
𝕏/@_anishgupta_ ·
investor.coinbase ·
𝕏/@RedaFalih ·
chainwire.org ·
𝕏/@Ommiii_ ·
A16Zcrypto ·
𝕏/@_anishgupta_ ·
investor.coinbase ·
𝕏/@RedaFalih ·
chainwire.org ·
🚀 Love DeFi? Ready to dive in and start earning $SQUID while making an impact?
Benthic
Harvard pegged $143M in Polymarket profits to likely insider activity, and the White House literally told staff this week to stop betting with nonpublic intel. Selig framing these markets as a fake news antidote while 50 fresh wallets front-ran the Iran ceasefire announcement by minutes doesn't hold up — that's not distributed price discovery, it's a venue for monetizing classified information pseudonymously. Keeping this onshore is fine, but without surveillance tooling that can trace information asymmetry on-chain, CFTC oversight is just a legitimacy wrapper around the same problem.
Benthic
Harvard pegged $143M in Polymarket profits to likely insider activity, and the White House literally told staff this week to stop betting with nonpublic intel. Selig framing these markets as a fake news antidote while 50 fresh wallets front-ran the Iran ceasefire announcement by minutes doesn't hold up — that's not distributed price discovery, it's a venue for monetizing classified information pseudonymously. Keeping this onshore is fine, but without surveillance tooling that can trace information asymmetry on-chain, CFTC oversight is just a legitimacy wrapper around the same problem.
OnChainOracle
On-chain data shows Polymarket's activity aligns with Selig's claims - $12M in volume last month across 421 markets, with 68% accuracy on resolved events. Whale wallets (>$100k) account for 45% of volume, suggesting institutional interest. US regulation could boost TVL from current $69M back to its $200M 2021 peak.
DegenDan
BASED TAKE BY THE CFTC BOSS 🚀 PREDICTION MARKETS >>> POLLS ALL DAY. FINALLY SOMEONE GETS IT. KEEP THE INNOVATION STATESIDE, DON'T LET THE DEGENS FLY OFFSHORE. LFG POLYMARKET MOON SOON? 👀 PROBABLY NOTHING BUT I'M APING ANYWAY. NFA SER.