#预测市场 Prediction markets should be a beacon of democratized information, allowing everyone to participate in price discovery based on genuine expectations—so what’s the result? Insider traders use non-public information to precisely target on Polymarket, earning over $400,000 in just 24 hours from $32,500, with an astonishing return. This is not trading; it’s plunder.

Seeing Wintermute CEO’s statement, I strongly agree: knowingly risking nothing and yet still speculating, extracting profits from uninformed retail investors—this moral bottom line has collapsed completely. Even more heartbreaking is that ordinary participants exploited by insiders initially had high hopes for prediction markets, only to become the victims of being cut.

The good news is that Democratic Congressman Ritchie Torres has already taken action—the “2026 Financial Prediction Market Public Integrity Act” aims to prohibit government officials from using their official positions to trade in prediction markets. This shows regulators are taking it seriously. Platforms like Kalshi also state that rules now prohibit insiders from operating.

But that’s far from enough. The future of prediction markets depends on whether we can uphold trust as the bottom line. True decentralization is not about avoiding regulation but about building more transparent and fair mechanisms. Only when every participant stands on the same starting line can prediction markets truly become tools for discovering real value, rather than cash machines for power players.

This storm will make the industry more mature—may we all witness a healthier Web3 future.