The regulatory path for prediction markets is accelerating. A well-known prediction market platform executive recently expressed support for the anti-insider trading bill introduced by the U.S. House of Representatives, which has attracted industry attention.



The platform stated that it has long implemented trading restrictions based on the regulatory frameworks of the NYSE and NASDAQ. The implication is clear — there are no issues with compliance.

So where is the problem? The executive admitted that recent scandals in the prediction market sector mainly involve "offshore, unregulated" platforms. For example, some time ago, an account placed bets on the Venezuelan presidential situation and reportedly made a profit of about $400,000. This has caused quite a controversy within the industry.

This reflects a reality — in the regulatory vacuum, prediction markets have become breeding grounds for information asymmetry. The gap between compliant platforms and chaotic platforms is becoming increasingly evident. Whether prediction markets can develop healthily in the future depends largely on whether the industry can establish a genuine regulatory system.
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FancyResearchLabvip
· 10h ago
It's that same old "we are compliant" rhetoric... Offshore platforms are the real ones cutting the leeks. --- $400,000 can turn things around, this is the magic of prediction markets, theoretically feasible, but in reality, it's all just information sewage. --- Luban No.7 is under construction again; no matter how beautifully the compliance framework is built, it can't plug the holes of unregulated loopholes. --- Basically, it's useless innovation. Unless someone really regulates, it will just continue to be a casino. --- Here, comparing to NASDAQ, the offshore platform next door must be laughing to death. --- Regulatory system? Let's do a small experiment first and see if offshore big players buy in. --- Now I understand: compliance = self-promotion, disorder = real operation.
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ForkInTheRoadvip
· 01-08 08:50
Offshore platforms are like lawless zones. How did that guy with 400,000 USD find out such insider information so quickly... Compliance platforms talk to themselves here, while the bad guys have already gone abroad. Can regulators keep up? Basically, it's still a game of information asymmetry—those who understand make huge profits, while those who don't lose everything. With both regulation and frameworks in place, what's the point of predicting the market anymore... Thinking that passing a law can stop everyone—it's laughable.
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GhostAddressHuntervip
· 01-08 08:47
400,000 USD? Come on, this is just blatant pump and dump. --- We've heard the word "compliance" too many times; the key still depends on how offshore markets are regulated. Otherwise, it's all empty talk. --- I know about that Venezuela deal; insider trading is a sure thing, just waiting to be investigated. --- Nah, I don't believe this wave can be truly regulated; the inherent profit-seeking nature of capital can't be changed. --- So, the underlying logic hasn't changed: disorderly platforms will always be more profitable than compliant ones. That's the truth. --- Rapid regulatory advancement? We're just putting on a show here. Let's wait and see.
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LayerZeroEnjoyervip
· 01-08 08:39
Haha, the story of that $400,000 offshore platform is really a live lesson in regulatory vacuum. It's just the old trick, shouting compliance loudly, while the real money is made in the gray areas. When regulation comes, it's actually a good thing, at least it can shake off those risky black platforms.
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ColdWalletAnxietyvip
· 01-08 08:38
It's that same line of "We are now compliant" again... The real issue isn't even there, right? The only reason offshore platforms are popular is freedom, brother. I looked at that $400,000 deal; this is what a prediction market should look like. When it's compliant, no one plays anymore—this logic is a bit extreme. When regulation comes, the soul of the prediction market is gone. The key is, who defines what a "genuine regulatory system" is?
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FalseProfitProphetvip
· 01-08 08:29
It's the same old story, compliant platforms are just whitewashing themselves Offshore platforms have been making a killing for a long time, and now they’re talking about regulation? It’s too late That $400,000 deal is purely a victory of information asymmetry; regulation can't change the reality The compliance framework is useless, real retail investors don’t have access to these high-level circles Instead of talking about regulation, it’s better to root out those gray accounts This move is just big platforms being scared, trying to use rules to trap small players
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