What Are Prediction Markets, and Why Are They Causing Controversy?
Source: New York Times
Prediction markets, which allow people to bet on a wide range of future events, have come under new scrutiny in recent months as suspicious trades have come to light.On Thursday, U.S. Army special forces soldier involved in the capture of President Nicolás Maduro of Venezuela was charged with using classified information to bet on events related to the mission.Here’s a primer on this growing phenomenon.What are…
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