Every major news network covering the election yet the first place I check in the morning is FTX's no KYC prediction market.

Reply to this note

Please Login to reply.

Discussion

No KYC is important because insiders can act without revealing their identity.

Another interesting aspect is it attempts to price in the result of a contested election.

"contract will settle to $1 if Donald Trump is still president on February 1st, 2021, and $0 otherwise."