Are prediction markets regulated? Is this about breaking the laws regarding prediction markets or is this about leaking classified information? I skimmed but not sure still.

Someone more cynical can say that this is about protecting Thiel’s investment(if people think it’s rigged may stop playing) or making sure that only big G makes money with classified information.

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akudha an hour ago | parent | next [-]

These two videos might be of some help

https://www.youtube.com/watch?v=A654vzQTGbQ

https://www.youtube.com/watch?v=ZN4njIQcSR4

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garciasn 2 hours ago | parent | prev [-]

From the article:

unlawful use of confidential government information for personal gain, theft of nonpublic government information, commodities fraud, wire fraud, and making an unlawful monetary transaction.

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mrtksn 2 hours ago | parent [-]

So what law is broken exactly? Will an engineer with classified information on F-35 use that for fixing his car be also prosecuted? I guess no, so is this about leaking the Maduro operation?

Insider trading and outcome manipulation seems to be the norm on unregulated markets anyway. Whats the crime?

	▲	mlazos 2 hours ago \| parent [-]
		By the letter of the law the guy fixing his car should be prosecuted, but like nobody is going to know and it’s not going to happen. In this case it’s pretty obvious the law was broken.