prediction market

Trump Family Expands Corruption with Gambling Venture Alongside Crypto Grift

The Trump family is expanding its business ventures with the launch of “Truth Predict,” a prediction market platform on the Truth Social platform. This platform will allow users to bet on the outcomes of various events, in partnership with the cryptocurrency trading platform Crypto.com. Simultaneously, the Trump family’s involvement in the cryptocurrency market has generated significant wealth, with the Trump Organization’s income increasing dramatically, largely due to the Trump-backed cryptocurrency venture. Despite ethical concerns and criticisms regarding potential conflicts of interest, some Republican figures have expressed acceptance of these business dealings.

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FBI Raids Home of Polymarket CEO Amidst Election Prediction Controversy

The FBI recently raided the home of Polymarket CEO Shayne Coplan, sparking a flurry of speculation and debate. The raid, which took place at around 6 am, saw numerous agents entering Coplan’s apartment, but the purpose of the search and whether Coplan or Polymarket are the targets of an investigation remain unclear.

Polymarket, a prediction market platform that allows users to bet on real-world events, has been a subject of controversy due to its potential for manipulation and its role in amplifying political polarization. Some believe that the FBI raid is a politically motivated move by the outgoing administration, targeting Polymarket for correctly predicting the 2024 presidential election results.… Continue reading