I just read that the legal team of a major crypto platform claims that governments are being completely dishonest with prediction markets. Basically, they say there's regulatory gaslighting involved. It's interesting because these folks assert that there's a disconnect between what regulators publicly state and what they actually do with policies. The argument the lawyer makes is that governments deliberately distort how these markets work to justify restrictions. Personally, I think there's a point there — the crypto industry has been saying for years that regulation isn't based on real facts. What do you all think? Is regulation legitimate or is it pure political control?

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