- Donald Trump makes conflicting statements about the development of the prediction market.
- Critics are closely monitoring his family’s involvement with prediction platforms.
The US President has changed his tune on the prediction market, telling reporters that the US cannot remain aloof from this trend. According to Trump, some people are very smart. hintedthat those who make accurate predictions on the platforms may actually be good at what they do and not resort to dubious tricks.
Trump’s controversial stance has sparked speculation about conflicts of interest within the White House. Some believe his family’s involvement in the industry could influence his decisions, particularly regarding regulation of the sector.
To put things into context, members of the Trump family are closely involved in the prediction market. polymarketFor example, Donald Trump Jr. became a partner and unpaid advisor to the venture capital firm 1789 Capital, which invested in the platform. He also serves as a paid strategic advisor. Kalshi, the main competitor polymarket, and has held this position since January 2025.
It was under the Trump administration that the Commodity Futures Trading Commission (CFTC) took a more favorable view of the sector. Specifically, the Commission withdrew previous lawsuits challenging the legality of election betting.
This did not stop the US Department of Justice blame serviceman Gannon Van Dyke accused of using classified information to trade on the markets polymarket, associated with the Maduro regime.
As for intelligence and the absence of dubious tricks, the recent research says that only 3,14% of accounts on polymarket make a profit, but fortune visits them from time to time with a frequency of 50%.
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