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Opinion: Insider information is precisely the key to predicting the market; insiders will drive prices toward the truth.

MeNews
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ME News, April 26 (UTC+8): Prediction market platform Kalshi and Polymarket are facing mounting regulatory pressure, including attention from law enforcement agencies in multiple countries and plans by U.S. local governments to curb insider trading. However, Robin Hanson, a professor at George Mason University and one of the founders of prediction market theory, said insider information is crucial to prediction markets, and that strictly banning insider trading is wrong. He noted that the price accuracy driven by informed parties is at the core of prediction markets, helping decision-making with accurate information. Hanson also suggested that while secrets can be protected through contracts, information circulation is equally important, and the public should not be excluded from participating in the market because of information control. He advised market participants to take responsibility for risk, and to participate using an approach similar to playing poker, while emphasizing that prediction markets are a democratic tool for information aggregation and are not suitable for everyone. (Source: MLion)
KALSHI-9.09%
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