Michael Burry Calls Prediction Markets 'Gambling' Exploiting Regulatory Loopholes
Michael Burry, the investor known for predicting the 2008 subprime mortgage crisis, criticized prediction markets on May 13, calling platforms like Kalshi 'gambling' that exploit regulatory loopholes. Burry argued that while the gambling industry faces high taxes and strict regulation in the US, pre
EthanBrooks·07-15 06:46
