U.S. Election Betting: Polymarket ‘Manipulation’ Claims Miss the Mark

“If the goal was to move the price, you’d do the opposite,” said Flip Pidot, co-founder and CEO of American Civics Exchange, an over-the-counter dealer in political futures contracts. “Instead of having several accounts trading strategically with limit orders, you’d just keep plowing money in blindly and let yourself get filled at worse and worse prices, since that would be optimal if your goal was to artificially inflate the price.”

Source

Comments (No)

Leave a Reply

Cryptocurrencies: 16,168
Markets: 1,192
Marketcap: $ 3.84 T
24h Vol: $ 281.95 B
BTC Dominance: 54.15%