Wudi@feddit.uk to Technology@lemmy.worldEnglish · 2 months agoGoogle worker charged with using internal data to make $1.2m on betswww.bbc.comexternal-linkmessage-square19linkfedilinkarrow-up166arrow-down10
arrow-up166arrow-down1external-linkGoogle worker charged with using internal data to make $1.2m on betswww.bbc.comWudi@feddit.uk to Technology@lemmy.worldEnglish · 2 months agomessage-square19linkfedilink
minus-squareushmel@piefed.worldlinkfedilinkEnglisharrow-up5arrow-down1·2 months agoInsider trading? Did they update finance laws to cover gambling?
minus-squaredev_null@lemmy.mllinkfedilinkEnglisharrow-up1·edit-22 months agoPolymarket skirts gambling laws by insisting it’s not gambling. Instead it’s legally registered as a futures market (or something like that, I don’t remember the details). So all bets are legally stock market trades. Knowing that, it makes sense.
Insider trading? Did they update finance laws to cover gambling?
Polymarket skirts gambling laws by insisting it’s not gambling. Instead it’s legally registered as a futures market (or something like that, I don’t remember the details). So all bets are legally stock market trades.
Knowing that, it makes sense.