A Polymarket trader made $300,000 betting on Biden's pardons, a new analysis shows (opens in new tab)

Covered by 4 sources including Fast Company, The Hill

In the final hours of President Biden's term, an anonymous prediction market trader placed lucrative bets on who would be pardoned even as the odds were nearly zero.

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Covered in 4 articles

Fast Company·

Prediction markets are fueling a new era of political graft

Discussed on Hacker News

The Hill·

Prediction markets are out of control — Congress must act to ban insider trades now

jimmyalfonsolicon.substack.com·

Prediction Markets Reward Insider Trading. They Should.

Discussed on Substack

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