You can now view, reply, and favourite posts from the Fediverse. You can click here or click on the on the navigation bar on the left.
Billionaire hedge fund manager Bill Ackman suggests Eric Adams drop out of the New York mayoral race, but first "place a large bet on Andrew Cuomo and then announce your withdrawal from the race" to "fund [his] future".
Uncategorized
1
Posts
1
Posters
0
Views
-
Billionaire hedge fund manager Bill Ackman suggests Eric Adams drop out of the New York mayoral race, but first "place a large bet on Andrew Cuomo and then announce your withdrawal from the race" to "fund [his] future".
He writes: "There is no insider trading on Polymarket." Americans are currently prohibited from trading on Polymarket (though Polymarket makes only perfunctory attempts to block it, which are widely circumvented.)
By "no insider trading on Polymarket" he likely is referring to the fact that the SEC can't bring insider trading charges because Polymarket contracts are not securities. That doesn't mean trading on insider information would be legal (or ethical), though.
-
R ActivityRelay shared this topic
