Hosted on MSN17d
Shaikin: Polymarket shouldn't allow people to profit by betting on the L.A. firestorm
Polymarket “does not charge fees on any market and currently does not generate any revenue.” That might be the only thing worse than a company profiting off human misfortune: a tech startup enabling ...
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Polymarket users are hoping to profit from the devastation in California, betting on how far the deadly fires will spread
Users of prediction market platform Polymarket are callously ... betting platform—all bets are done in cryptocurrency—will profit from wagers on the severity and duration of the fires.
Los Angeles Times20d
Column: Polymarket shouldn’t allow people to profit by betting on the L.A. firestorm
The market adjusts the chance ... a tech startup enabling lots of people to profit off human misfortune. The Polymarket statement to The Times started this way: “We express our deepest ...