DEX in the City: Why Prediction Market 'Insider Trading' Isn't Illegal — Yet
Episode publishedPodcast: UnchainedUnchained
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So something that could get you indicted with respect to insider trading in the stock market can be totally legal in a prediction market. And it's not because
If a federal official is trading on an outcome tied to government action because they have classified information or just even any information that the public doesn't have access to, that is monetizing state power.
Hi, all, and welcome to Decks in the City where the wallets are cold and the takes are hot. First, we have Jesse, Web three prosecutor turned Web three protector at Ribbit Capital.
Hi, everyone. Happy New Year.
And V from the SEC to Web three.
Happy New Year, everyone. It's so good to be back.
And I'm your host, Katherine KK, KKB, fluent in TradFi and conversant in Deep Tech over at StarkWare. Before we start a jam packed episode, here's a word from the sponsors that make this show possible.
Mantle is launching the Global Hackathon twenty twenty five to accelerate the future of real world assets. With a $150,000 prize pool, backing from a $4,000,000,000 treasury, and direct access to Bybit's 7,000,000 plus users, this is the ultimate ecosystem for builders.
So before we dive in, remember, as always, we're lawyers, but we're not your lawyers. Nothing you hear on Decks in the City is legal or financial advice, and it doesn't create an attorney client relationship. For the fine print, as always, check unchainedcrypto.com. So we have a few different topics today. We're gonna talk about Canton Nasdaq. We're gonna talk about AI, and we're gonna talk about prediction markets and insider trading. But I wanna dive into Canton as the, resident TradFi expert host here. Although the and Jesse are no slouch on TradFi understanding as well. I found this to be
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