🇺🇸💰 OFFICIALS BETTING WITH SECRET INFORMATION?
Have you seen this? In the United States, Congress wants to ban government officials from betting on Polymarket and Kalshi, platforms where people bet on the outcomes of events. After reviewing nearly 1,700 pages of documents, they found cases of people with access to secret information who allegedly made money by betting before anyone else.
The most serious case is that of a soldier accused of making more than $409,000 by betting on the military operation that ended with the capture of Nicolás Maduro. They also fined a former White House employee who bet on the president’s speeches.
To me, the problem isn’t the platforms, but that someone with information no one else has can turn it into money.
Do you think all government officials should be banned from betting, or only on government-related matters?
#Polymarket
Have you seen this? In the United States, Congress wants to ban government officials from betting on Polymarket and Kalshi, platforms where people bet on the outcomes of events. After reviewing nearly 1,700 pages of documents, they found cases of people with access to secret information who allegedly made money by betting before anyone else.
The most serious case is that of a soldier accused of making more than $409,000 by betting on the military operation that ended with the capture of Nicolás Maduro. They also fined a former White House employee who bet on the president’s speeches.
To me, the problem isn’t the platforms, but that someone with information no one else has can turn it into money.
Do you think all government officials should be banned from betting, or only on government-related matters?
#Polymarket
