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Prediction markets’ latest ‘Wild West’ accusations: Users are getting suckered by insider trading

Wild West
New York Post Fews App News Provider
Fews App Post Time 2h ago

Hours before US and Israeli forces killed Ayatollah Ali Khamenei, a bet that would result in a $553,000 pay off was placed on the prediction market website Polymarket. The contract, as Polymarket calls its wagers, predicted the Supreme Leader would be out of power. The trader, known only as “Magamyman” was not alone.

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