Companies that operate online prediction markets (where ordinary people can bet on real-world events) can expect intense external scrutiny of Trump's next moves. Just under two weeks ago, someone who bet that Maduro would step down by the end of the month received an astonishing return of up to $410,000. Donald Trump Jr., the eldest son of former President Trump, is at the intersection of the prediction market industry and "Trump World." He is both an investor and a free advisor for one of the two major prediction market platforms, Polymarket, and a paid advisor for another platform, Kalshi. In addition, he is a director of the Trump family's social media company, which recently announced the launch of its own betting platform called Truth Predict. This raises the question: will regulators relax their oversight because they know he is the son of the president? This is a microcosm of the ethical issues surrounding the Trump family's business activities during Trump's second term.
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Original article: toutiao.com/article/1854447804647562/
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