"One of monetising whatever possible, from the presidency to your online presence, and turning the public into marks. There is a promise that anyone can achieve the same success as the hustler."

#Trump #Iran #war #Polymarket #Kalshi #PredictionMarkets #futures #profiteering #InsiderTrading
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"As a result of these transactions, people are naturally asking if it is possible that the president of the United States or his associates are illegally profiting from political power, while also finding that it is almost impossible to answer that question. ...

There is a wider cultural shift, one that is being consolidated in the White House and disseminated on betting platforms."

#Trump #Iran #war #Polymarket #Kalshi #PredictionMarkets #futures #profiteering #InsiderTrading
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"Before the US attack on Iran, several new accounts on the platform predicted the timing of the US/Israeli strikes, just 24 hours before they happened. The same pattern was identified after the US coup in Venezuela in January. A single account, set up only a few days before military action occurred, made more than $400,000."

~ Nesrine Malik

#Trump #Iran #war #Polymarket #Kalshi #PredictionMarkets #futures #profiteering #InsiderTrading
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theguardian.com/commentisfree/…

Will Trump bring peace, or more bombs? Shady speculators seem to bet right every time

The president may not be benefiting directly from betting markets, but he has encouraged a culture that treats politics like a casino floor, says Guardian columnist Nesrine Malik

^{Nesrine Malik (The Guardian)}