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An aide responsible for operating the teleprompter during President Trump's speeches is under scrutiny for allegedly using advance knowledge of those remarks to profit on prediction markets that pay out based on specific words or topics the president mentions.
The allegation puts a new face on the insider-trading question: this time, the asset class in question is a political speech, and the edge is a script.
What mention markets are and why this case matters Prediction markets have expanded well beyond election outcomes.
A subset of these platforms now offers contracts tied to whether a political figure will say a specific word, name a country, or raise a particular topic during a televised address.
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