this post was submitted on 28 May 2026
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[–] ushmel@piefed.world 19 points 3 weeks ago (2 children)

Insider trading? Did they update finance laws to cover gambling?

[–] village604@adultswim.fan 1 points 3 weeks ago

It might be because they used crypto which is kinda treated like an investment vehicle now.

[–] dev_null@lemmy.ml 1 points 2 weeks ago* (last edited 2 weeks ago)

Polymarket skirts gambling laws by insisting it's not gambling. Instead it's legally registered as a futures market (or something like that, I don't remember the details). So all bets are legally stock market trades.

Knowing that, it makes sense.