What's the difference between penny stocks and prediction markets?

The authorities heavily regulate penny stocks since Boiler rooms.

	▲	blurbleblurble 2 minutes ago \| parent [-]
		I don't see how regulating authorities could truly decipher the distinction between incompetence and pyramid hype fraud / shell company money laundering schemes at scale.

prepend 2 hours ago | parent | prev | next [-]

SEC cares about penny stocks a little bit.

esseph 2 hours ago | parent | prev [-]

I can't put a hit out in someone I don't like by buying penny stocks, but I can by placing a prediction market bet.

	▲	blurbleblurble 6 minutes ago \| parent [-]
		The twisted thing about it is that the surface logic of putting a hit on someone via prediction market involves betting that they'll stay alive. How innocuous looking.