When Content Becomes Confidential: Insider Trading in Prediction Markets
The article discusses insider trading in prediction markets, which can be considered a security incident involving market manipulation.
There are, broadly speaking, three ways to make money on a prediction market. One is to be better than everyone else at aggregating public information about possible future outcomes. The second is to be clairvoyant. The third is to know the future because you control the outcome.... By: Seward & Kissel LLP
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