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They are taking several extraordinary measures: 1. Settling all open contracts. 2. Shutting down trading. 3. Not making cash payouts. #3 would be the end resu
by CurtMonash 14y ago
They are taking several extraordinary measures:
1. Settling all open contracts.
2. Shutting down trading.
3. Not making cash payouts.
#3 would be the end result of any of various sorts of problems. #1/#2, however, suggest there were problems with the prediction markets themselves, rather than -- for example -- straight embezzlement from the company's bank accounts.