The quiet force steering prediction platforms to regulation
Former Cantor Futures president Richard Jaycobs warns on growth prospects for ‘zero-sum’ market
In November 2024, federal agents raided the home of Polymarket founder Shayne Coplan as part of an investigation into illegal election betting on the platform.
For Richard Jaycobs, a futures industry veteran hired to oversee the firm’s US licence application, the event clouded the path to a successful registration, causing him to step down from his role as head of market expansion.
“My feeling was
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