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​​“The most valuable commodity I know of is information.”

— Gordon Gekko, Wall Street

Ten months ago, FBI agents raided Shayne Coplan’s Manhattan apartment, ostensibly in search of evidence that the prediction market he founded, Polymarket, had illegally allowed US residents to place bets on the US election.

Two weeks ago, the CFTC gave Polymarket the green light to allow those very same US residents to place bets on whatever they like.

This is quite the turn of events — and it’s not just about elections or politics.

With its US government seal of approval in hand,…

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