Is the prediction market really accurate? Or is it a "money laundering" platform for insider trading?

【Plain Language Guide】This article deeply analyzes and sharply reveals the essence of prediction markets: they are not "truth engines," but "settlement machines." Through precise bets before Maduro and settlement controversies involving Zelensky's suit, it points out that prediction markets are evolving from wisdom to cash-out tools with imprecise information.

When accuracy comes from insider intelligence and settlement results are organized by big players, prediction markets shed their facade of "discovering the truth" and reveal their true nature as high-risk gambling tools. The author calls for an end to moral beautification, asserting that only by acknowledging their financial gambling nature can we truly confront the regulatory and ethical challenges they pose.

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