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> especially in a multipolar world where American sanctions increasingly fail You're claiming the U.S. government is impotent against holding Polymarket to acc
by JumpCrisscross 7mo ago
> especially in a multipolar world where American sanctions increasingly fail
You're claiming the U.S. government is impotent against holding Polymarket to account?
> These markets are global
The trades in question are bets on Polymarket and Intercontinental Exchange Brent oil futures. These are well within the remit of American law enforcement.
- Mtinie 7mo agoWhy would the U.S. government want to sabotage prediction markets when the chief executive has a vested interest in keeping them legitimate?
- JumpCrisscross 7mo ago> Why would the U.S. government want to sabotage prediction markets when the chief executive has a vested interest in keeping them legitimate? "Solving" the problem of administration juniors compromising our military for profit doesn't require sabotaging anything. Just the exchanges turning over records.
- int32_64 7mo ago>You're claiming the U.S. government is impotent against holding Polymarket to account? Yes, 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?