>You're claiming the U.S. government is impotent against holding Polymarket to account?
replyYes, if US regulators quash Polymarket their lunch will be eaten by a global competitor HQ'd in a country the US can't touch.
A lot of the insider weekend trading of oil is happening on hyperliquid, a DEX associated with developers in Singapore, what can the SEC or CFTC do to them?
Why would the U.S. government want to sabotage prediction markets when the chief executive has a vested interest in keeping them legitimate?
reply> Why would the U.S. government want to sabotage prediction markets when the chief executive has a vested interest in keeping them legitimate?
reply"Solving" the problem of administration juniors compromising our military for profit doesn't require sabotaging anything. Just the exchanges turning over records.