Special Forces insider trading
Imagine if prediction markets had been big in 2011. SEAL Team Six load up in their helicopters to raid Osama Bin Laden’s compound, they check their weapons, pull their night-vision goggles into place, open up their phones and log into Polymarket to buy a few “Osama Bin Laden Captured or Killed By May 31” contracts. They land and shoot him and pause to buy a few more contracts before getting back in the helicopters. By the time they return to headquarters, they are all rich, and news organizations are running headlines like “Polymarket Surge Shows We Likely Got ...