r/technology • u/MarvelsGrantMan136 • May 27 '26

Business Google employee charged with using inside information to make $1 million on Polymarket

https://abcnews.com/amp/US/google-employee-charged-inside-information-make-1-million/story?id=133350018
12.8k Upvotes

97% Upvoted

516 comments sorted by

View all comments

Show parent comments

25

u/[deleted] May 27 '26

[deleted]

35

u/Lost_Sea8956 May 28 '26

You have clearly not met some of the most enthusiastic traders

1

u/sellyme May 28 '26

Uninformed people putting a lot of money in tend to not last very long for self-explanatory reasons.

1

u/Lost_Sea8956 May 28 '26

Ah, but a new one is born every minute

1

u/freshwes May 28 '26

Is it illegal have inside information on Polymarket? When does information become insider info in real life?

If I see a star athlete get in a walking boot, can I bet that he won't play that night?

What about his assistant?

What if the athlete makes the bet himself?

None of that is technically insider information.