Prediction markets in hot seat over rogue bettors and insider trading
•CBS News
Incidents in which people apparently used exclusive knowledge to score handsome profits raise the question: Are prediction markets safe places for news junkies to bet on events - or dens of insider trading?
A soldier betting on an operation to oust Venezuela's leader. Politicians gambling on their own elections. Massive bets on the president announcing a ceasefire with Iran right before he actually did.
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