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Random aside: I distinctly remember getting on a phone call with people from the SEC (US Gov't) with the goal of understanding if I could legally start a predic
by rpjt 5mo ago
Random aside: I distinctly remember getting on a phone call with people from the SEC (US Gov't) with the goal of understanding if I could legally start a prediction market. This was during 2020 or 2021. I recall them saying basically "no way" and that it wouldn't be legal, and would be rife with abuse.
Fun times.
- chadgpt2 5mo agoIt's like Uber getting on a phone call with the city to ask if it's legal to run taxis that aren't taxis.
- deleted 5mo ago[deleted]
- NDlurker 5mo agoShould have just went for it
- deleted 5mo ago[deleted]
- behole 5mo agoToo bad open bribes weren't as popular back then. A lil grease goes a long way these days (͡° ͜ʖ ͡°)
- HWR_14 5mo agoRandom aside: Prediction markets are illegal to be run under SEC jurisdiction. The CFTC (a different agency) allows and oversees them under their jurisdiction. You called the wrong agency.