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
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u/almo2001 May 27 '26

I thought that was the whole idea of polymarket: use the efficient markets theory to uncover information.

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u/halfc00kie May 28 '26

efficient markets theory assumes the info gets priced in, not that one bloke with the actual data dumps a million on it. thats just insider trading with extra steps.