Prediction markets are having a moment right now, with bettors placing wagers on just about anything, even something as wild as the existence of aliens.

Heavily Wagered Bet

More than $37 million has been wagered on the outcome. The market resolves to “Yes” if the president, any member of the U.S. Cabinet, any member of the Joint Chiefs of Staff or any U.S. federal agency “definitively states” that extraterrestrial life or technology exists.

Declassified Government Files Released

Interestingly, the Pentagon released its first batch of declassified files last week, headlined by a 2023 incident in which seven federal officers separately reported seeing “orbs launching orbs” across…

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