
monopolywrecker
32 posts

monopolywrecker
@KalshiHQ
jack of all TRADES 📊





NEW: Prediction markets are scamming the working class. Polymarket and Kalshi claim they are "democratizing finance," but their business model enables a handful of elites to fleece their customers. On Polymarket just 0.04% of traders capture 70% of the profits.

Ahead of U.S. strikes on Iran, some prediction market traders placed well-timed bets on the outcome. That’s not luck. That looks like insider trading. A handful of insiders should not be allowed to turn global crises into personal paydays. I’m pushing for an investigation.


Responding to changing times, @propublica has updated our code of ethics to say, "no employee should wager on the outcome of news events on the prediction markets — regardless of whether or not they are involved in coverage of said event." propublica.org/code-of-ethics

I need a nonchalant response to "what are we?"


the egg salad hat guy is an absolute stain on this once-proud tournament.









