Oh lol, isn’t this what Hindenburg Research and others are doing, except on the real market? Shorting some company’s stock and then publishing news stories about how bad things are gonna happen to them is a very fun grift…
Guess what I’m saying is, wonder if an FTC with fangs wouldn’t treat prediction markets as an as-yet unregulated securities exchange…
Yeah, why do they dress expensively but shit? My suspicion is so that the kind of elites the Kravattennazis don’t like can snub them. Gives them street cred, the “elites” don’t like them!