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A comment on White House staff told not to place bets on prediction markets. Parent comment

Re:White House staff told not to place bets on prediction ma... by Tangurena2 on Friday April 10, 2026 @08:51AM (#47717375)
It is easier for the SEC to investigate futures, stocks & options. Some of the prediction/gambling markets use crypto and do not participate in "Know Your Customer" regulations.
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Re:White House staff told not to place bets on prediction ma... by bregma on Friday April 10, 2026 @10:44AM (#47718934) 

    Step 1: Gut the SEC
    Step 2: Buy $100,000,000 in oil futures 15 minutes before bombing starts
    Step 3: ???
    Step 4: PROFIT!!!
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Re:White House staff told not to place bets on prediction ma... by skippyboxedhero on Friday April 10, 2026 @10:01AM (#47718309)
It is far easier in crypto. It is much more difficult in futures...as the case of a recent repeat Presidential candidate showed.

That will change when people realise crypto isn't anonymous...but that day isn't today.

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Re:White House staff told not to place bets on prediction ma... by derwiki on Friday April 10, 2026 @09:02AM (#47717511)
They’re doing money transmission and they’re not doing KYC? Is that illegal or “really frowned upon”?
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