MAROKO133 Update ai: If You Used Insider Knowledge to Score Big on Polymarket, You May Now

📌 MAROKO133 Eksklusif ai: If You Used Insider Knowledge to Score Big on Polymarket

The spoilsports at the US Commodity Futures Trading Commission no longer want you profiting off of geopolitical turmoil and other grim happenings in the world on Polymarket — or profiting unfairly, at least. The agency’s chairman Michael Selig vowed to crack down on insider trading on the controversial prediction market, which the Trump administration has eagerly embraced.

“We’re going to find them, and we’re going to bring actions,” Selig told Wired in an interview this week.

Polymarket’s website is blocked in the US because trading laws prohibit wagers related to war, terrorism, and assassinations. Tons of US traders use a VPN to access it, though, and can further anonymize their transactions by using the platform’s currency of choice, crypto. That can make sussing out who’s behind suspicious bets on there a tall order, but Selig says AI tools are helping the small agency bring the bad actors to light.

“You’ve got so much data,” Selig told Wired. “When we feed it into AI, we get really great information. It can help us understand things, like where we might want to investigate, or when we might need to send a subpoena to a trader.”

Selig’s comments are notable, given that he works in an administration that’s made huge overtures to Polymarket and its rival Kalshi. The White House has dropped Biden-era investigations into Polymarket and allowed it to form a US entity, paving the way for a version of the site that can operate with full-legal say-so. The president’s son Donald Trump Jr.’s venture capital firm has also heavily invested into the company. 

A major roadblock to mainstream adoption are Polymarket’s constant scandals over alleged and actual instances of insider trading on the platform. The issue gained national attention in January this year when one trader made over $400,000 with a suspiciously timed bet on former Venezuelan president Nicolás Maduro’s ouster that was made just hours before US troops invaded the country and abducted him.

In April, the issue dominated headlines again after reports that dozens of Polymarket accounts placed highly specific bets that the US and Iran would reach a ceasefire agreement right before the agreement was announced, despite Trump’s anything but peaceable threat that a “whole civilization will die tonight” if Iran didn’t give into his demands. That same month, members of Congress demanded that CFTC to investigate foreign prediction markets that allowed bets on war, as concerns of government insiders trading on these platforms swirled.

Selig doesn’t plan to let them down. “We’re surveilling the markets on a global basis,” he told Wired. The agency will exert extraterritorial jurisdiction to go after suspicious bets on international platforms like Polymarket whenever possible, but only in “extreme circumstances.”

“In any extraterritorial litigation, there’s going to be challenges to our authority, and that could also impair our ability to bring cases in the future,” Selig explained.

For Polymarket to continue succeeding in the US, it’ll probably need to clean up its act. In making these avowals, you could argue that Selig is giving the impression that that process is already happening. So far, only a single American has been charged with insider trading on the platform: a US army soldier who was arrested last month for placing a bet related to Maduro’s capture, Wired noted. But the other culprits who made similar bets, like the one who walked away with $400,000, haven’t been brought to light — yet.

More on prediction markets: Huge Analysis Finds That the Average Person Is Getting Absolutely Hosed on Polymarket

The post If You Used Insider Knowledge to Score Big on Polymarket, You May Now Be in Huge Trouble appeared first on Futurism.

🔗 Sumber: futurism.com

📌 MAROKO133 Hot ai: Robophobic Airline Bans Humanoid Robots From Flights After Dis

Southwest Airlines appears to have become the first airline to enshrine a no-robots policy into their rulebook, after a Dallas business owner tried to take his 3.5-foot robot for a jaunt through the clouds.

First reported by CBS News, Aaron Mehdizadeh, owner of robot-rental company the Robot Studio, was on his way home from a trip to Las Vegas with his robot pal “Stewie” in tow. Rather than shipping the humanoid-robot or checking it as cargo, Mehdizadeh bought the robot its own seat, presumably to draw out a little publicity.

It wasn’t even the first such incident on a Southwest flight. Just days prior, a different humanoid robot passenger caused an hour-long delay on another Southwest flight, this one out of Oakland, California. In that episode, flight attendants went through a thorough checklist to ensure the robot would behave and that its battery didn’t pose a flight hazard.

The pair of incidents apparently caused such a stir that just two days after Mehdizadeh’s trip, Southwest announced a unilateral ban on humanoid- and animal-robots in the plane cabin, or even as checked luggage.

In a memo to CBS, Southwest said the new rule was put in place to comply with lithium-ion battery rules. Mehdizadeh, however, insists there’s something else going on, because Stewie’s battery was “essentially a laptop battery.”

More on robots: Hacker Takes Over Robot Lawnmower, Runs Over Innocent Man

The post Robophobic Airline Bans Humanoid Robots From Flights After Disruption appeared first on Futurism.

🔗 Sumber: futurism.com