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Aure Free Press :verified:The DEATH Of Freedom! Trump suggests FCC should consider revoking TV licenses over negative coverage of him <a href="https://mstdn.social/tags/AureFreePress" class="mention hashtag" rel="nofollow noopener" target="_blank">#AureFreePress</a> <a href="https://mstdn.social/tags/News" class="mention hashtag" rel="nofollow noopener" target="_blank">#News</a> <a href="https://mstdn.social/tags/press" class="mention hashtag" rel="nofollow noopener" target="_blank">#press</a> <a href="https://mstdn.social/tags/headline" class="mention hashtag" rel="nofollow noopener" target="_blank">#headline</a> <a href="https://mstdn.social/tags/GOP" class="mention hashtag" rel="nofollow noopener" target="_blank">#GOP</a> <a href="https://mstdn.social/tags/Politics" class="mention hashtag" rel="nofollow noopener" target="_blank">#Politics</a> <a href="https://mstdn.social/tags/uspolitics" class="mention hashtag" rel="nofollow noopener" target="_blank">#uspolitics</a> <a href="https://mstdn.social/tags/uspol" class="mention hashtag" rel="nofollow noopener" target="_blank">#uspol</a> <a href="https://mstdn.social/tags/Breaking" class="mention hashtag" rel="nofollow noopener" target="_blank">#Breaking</a> <a href="https://mstdn.social/tags/BreakingNews" class="mention hashtag" rel="nofollow noopener" target="_blank">#BreakingNews</a> <a href="https://share.newsbreak.com/f27eo1av" rel="nofollow noopener" translate="no" target="_blank">https://share.newsbreak.com/f27eo1av</a>

Erik HultinTrump, Patel, Bondi and republicans ARE the swamp. Do they appear drained now? USA, you are not only loosing your democracy, but also your rights to free speach. Trump would probably happily introduce thoughtcrime if he could. Is America great yet? <a href="https://mastodon.nu/tags/uspolitics" class="mention hashtag" rel="nofollow noopener" target="_blank">#uspolitics</a> <a href="https://mastodon.nu/tags/uspol" class="mention hashtag" rel="nofollow noopener" target="_blank">#uspol</a> <a href="https://mastodon.nu/tags/trump" class="mention hashtag" rel="nofollow noopener" target="_blank">#trump</a> <a href="https://mastodon.nu/tags/MAGA" class="mention hashtag" rel="nofollow noopener" target="_blank">#MAGA</a> <a href="https://mastodon.nu/tags/magats" class="mention hashtag" rel="nofollow noopener" target="_blank">#magats</a> <a href="https://mastodon.nu/tags/jimmykimmel" class="mention hashtag" rel="nofollow noopener" target="_blank">#jimmykimmel</a> <a href="https://mastodon.nu/tags/gop" class="mention hashtag" rel="nofollow noopener" target="_blank">#gop</a> <a href="https://mastodon.nu/tags/republicans" class="mention hashtag" rel="nofollow noopener" target="_blank">#republicans</a>

Aure Free Press :verified:DELETE. DELETE. DELETE..."85% of domestic terror in the US is done by the Right-wing nuts" - Aure Trump DOJ Deletes Study Showing Domestic Terrorists Are Most Often Right WingFollowing Charlie Kirk’s assassination and the Trump Regime's promise to go after the “radical left” a study showing most domestic terrosim is far-right was disappeared <a href="https://mstdn.social/tags/AureFreePress" class="mention hashtag" rel="nofollow noopener" target="_blank">#AureFreePress</a> <a href="https://mstdn.social/tags/News" class="mention hashtag" rel="nofollow noopener" target="_blank">#News</a> <a href="https://mstdn.social/tags/press" class="mention hashtag" rel="nofollow noopener" target="_blank">#press</a> <a href="https://mstdn.social/tags/headline" class="mention hashtag" rel="nofollow noopener" target="_blank">#headline</a> <a href="https://mstdn.social/tags/GOP" class="mention hashtag" rel="nofollow noopener" target="_blank">#GOP</a> <a href="https://mstdn.social/tags/Politics" class="mention hashtag" rel="nofollow noopener" target="_blank">#Politics</a> <a href="https://mstdn.social/tags/uspolitics" class="mention hashtag" rel="nofollow noopener" target="_blank">#uspolitics</a> <a href="https://mstdn.social/tags/uspol" class="mention hashtag" rel="nofollow noopener" target="_blank">#uspol</a> <a href="https://mstdn.social/tags/Breaking" class="mention hashtag" rel="nofollow noopener" target="_blank">#Breaking</a> <a href="https://mstdn.social/tags/BreakingNews" class="mention hashtag" rel="nofollow noopener" target="_blank">#BreakingNews</a> <a href="https://mstdn.social/tags/Trump" class="mention hashtag" rel="nofollow noopener" target="_blank">#Trump</a> <a href="https://mstdn.social/tags/socialmedia" class="mention hashtag" rel="nofollow noopener" target="_blank">#socialmedia</a> <a href="https://www.404media.co/doj-deletes-study-showing-domestic-terrorists-are-most-often-right-wing/" rel="nofollow noopener" translate="no" target="_blank">https://www.404media.co/doj-deletes-study-showing-domestic-terrorists-are-most-often-right-wing/</a>

Molly WhiteOne thing is certain: these markets are going to rapidly proliferate as new companies enter the space — from exchanges like Crypto.com and Robinhood to gambling platforms like FanDuel. And they’re likely to push for even more types of contracts.Regulators need to grapple with these questions before the industry grows too big to effectively control. The cryptocurrency industry has shown how difficult it becomes to implement meaningful oversight once a poorly regulated industry accumulates enough money and political influence to push back.<a href="https://hachyderm.io/tags/USpol" class="mention hashtag" rel="nofollow noopener" target="_blank">#USpol</a> <a href="https://hachyderm.io/tags/USpolitics" class="mention hashtag" rel="nofollow noopener" target="_blank">#USpolitics</a> <a href="https://hachyderm.io/tags/gambling" class="mention hashtag" rel="nofollow noopener" target="_blank">#gambling</a> <a href="https://hachyderm.io/tags/PredictionMarkets" class="mention hashtag" rel="nofollow noopener" target="_blank">#PredictionMarkets</a>

Molly WhiteIs the CFTC equipped to handle these issues? Maybe more retail protections are needed. Or maybe, says former SEC official John Reed Stark, “If uninformed participants don’t care that betting in Polymarket becomes like betting on a World Wrestling championship match outcome, then regulators won’t care either.”<a href="https://hachyderm.io/tags/USpol" class="mention hashtag" rel="nofollow noopener" target="_blank">#USpol</a> <a href="https://hachyderm.io/tags/USpolitics" class="mention hashtag" rel="nofollow noopener" target="_blank">#USpolitics</a> <a href="https://hachyderm.io/tags/gambling" class="mention hashtag" rel="nofollow noopener" target="_blank">#gambling</a> <a href="https://hachyderm.io/tags/PredictionMarkets" class="mention hashtag" rel="nofollow noopener" target="_blank">#PredictionMarkets</a>

Molly WhiteElection integrity is another concern, and groups like Public Citizen and Better Markets weighed in when Kalshi sued the CFTC in 2023. “Layering in gambling on our elections will take our democracy in precisely the wrong direction,” said Public Citizen’s Lisa Gilbert at the time.But Kalshi’s recent court victory, and the CFTC’s dropping of their appeal under the new administration, means that election-related markets are de facto permitted, and platforms have dramatically increased the election-related markets they’re offering.<a href="https://hachyderm.io/tags/USpol" class="mention hashtag" rel="nofollow noopener" target="_blank">#USpol</a> <a href="https://hachyderm.io/tags/USpolitics" class="mention hashtag" rel="nofollow noopener" target="_blank">#USpolitics</a> <a href="https://hachyderm.io/tags/gambling" class="mention hashtag" rel="nofollow noopener" target="_blank">#gambling</a> <a href="https://hachyderm.io/tags/PredictionMarkets" class="mention hashtag" rel="nofollow noopener" target="_blank">#PredictionMarkets</a>

Molly WhiteBut the justification for letting CFTC-regulated markets exist outside of gambling oversight has generally been that they serve a legitimate hedging purpose. That rationale is hard to find for some of these markets, like “Who will be a Bridesmaid for the wedding of Travis Kelce and Taylor Swift?”<a href="https://hachyderm.io/tags/USpol" class="mention hashtag" rel="nofollow noopener" target="_blank">#USpol</a> <a href="https://hachyderm.io/tags/USpolitics" class="mention hashtag" rel="nofollow noopener" target="_blank">#USpolitics</a> <a href="https://hachyderm.io/tags/gambling" class="mention hashtag" rel="nofollow noopener" target="_blank">#gambling</a> <a href="https://hachyderm.io/tags/PredictionMarkets" class="mention hashtag" rel="nofollow noopener" target="_blank">#PredictionMarkets</a>

Molly WhiteAnd it’s well recognized that the line between gambling and trading can be blurry, regardless of where a person is placing their bets or trades. People may exhibit problem gambling behavior when trading stocks, too, and those markets aren’t overseen by gambling regulators.<a href="https://hachyderm.io/tags/USpol" class="mention hashtag" rel="nofollow noopener" target="_blank">#USpol</a> <a href="https://hachyderm.io/tags/USpolitics" class="mention hashtag" rel="nofollow noopener" target="_blank">#USpolitics</a> <a href="https://hachyderm.io/tags/gambling" class="mention hashtag" rel="nofollow noopener" target="_blank">#gambling</a> <a href="https://hachyderm.io/tags/PredictionMarkets" class="mention hashtag" rel="nofollow noopener" target="_blank">#PredictionMarkets</a>

Molly WhiteWhile the law is argued in court, the distinction may not ultimately matter much to its customers. “Pragmatically, I think for the retail individual, they don’t see a difference,” said Andrew Kim, a lawyer specializing in gaming law.<a href="https://hachyderm.io/tags/USpol" class="mention hashtag" rel="nofollow noopener" target="_blank">#USpol</a> <a href="https://hachyderm.io/tags/USpolitics" class="mention hashtag" rel="nofollow noopener" target="_blank">#USpolitics</a> <a href="https://hachyderm.io/tags/gambling" class="mention hashtag" rel="nofollow noopener" target="_blank">#gambling</a> <a href="https://hachyderm.io/tags/PredictionMarkets" class="mention hashtag" rel="nofollow noopener" target="_blank">#PredictionMarkets</a>

Molly WhiteOffshore platforms like Polymarket have even fewer restrictions, and problem gambling experts have highlighted the company’s troubling attitude toward addiction. In one incident, they publicly ridiculed a trader who had rapidly lost a significant amount of money and seemed to be “chasing losses”.<a href="https://hachyderm.io/tags/USpol" class="mention hashtag" rel="nofollow noopener" target="_blank">#USpol</a> <a href="https://hachyderm.io/tags/USpolitics" class="mention hashtag" rel="nofollow noopener" target="_blank">#USpolitics</a> <a href="https://hachyderm.io/tags/gambling" class="mention hashtag" rel="nofollow noopener" target="_blank">#gambling</a> <a href="https://hachyderm.io/tags/PredictionMarkets" class="mention hashtag" rel="nofollow noopener" target="_blank">#PredictionMarkets</a>

petersuberFrom John Unsworth, just-retired dean of libraries at U of Virginia: <a href="https://www.arl.org/blog/john-unsworth-on-libraries-higher-education-and-anti-facism/" rel="nofollow noopener" translate="no" target="_blank">https://www.arl.org/blog/john-unsworth-on-libraries-higher-education-and-anti-facism/</a>"21st-century fascism is not just about governing through force. It’s also about surveillance. It’s about AI in the service of fascism, as a tool of surveillance. It’s about dismembering the public sector…It’s about systematically erasing history, including data and primary source materials. This is foundational, for fascism —to distort the record or obscure it or simply deprive people of public data so that there is no independent source of fact. We’re seeing that right now. We’re also going to see more intimidation of individuals, more anti-union work, more anti-intellectualism, more loyalty tests." <a href="https://fediscience.org/tags/AI" class="mention hashtag" rel="nofollow noopener" target="_blank">#AI</a> <a href="https://fediscience.org/tags/Fascism" class="mention hashtag" rel="nofollow noopener" target="_blank">#Fascism</a> <a href="https://fediscience.org/tags/Trump" class="mention hashtag" rel="nofollow noopener" target="_blank">#Trump</a> <a href="https://fediscience.org/tags/USPol" class="mention hashtag" rel="nofollow noopener" target="_blank">#USPol</a> <a href="https://fediscience.org/tags/USPolitics" class="mention hashtag" rel="nofollow noopener" target="_blank">#USPolitics</a> <a href="https://fediscience.org/tags/Surveillance" class="mention hashtag" rel="nofollow noopener" target="_blank">#Surveillance</a> <a href="https://fediscience.org/tags/USPol" class="mention hashtag" rel="nofollow noopener" target="_blank">#USPol</a> <a href="https://fediscience.org/tags/USPolitics" class="mention hashtag" rel="nofollow noopener" target="_blank">#USPolitics</a>

Molly WhiteState gambling regulators, most recently in Massachusetts, have brought lawsuits against Kalshi and other platforms for their sports contracts, fearing public health impact from potentially addictive offerings without the same times of mitigation programs required of sportsbooks.<a href="https://hachyderm.io/tags/USpol" class="mention hashtag" rel="nofollow noopener" target="_blank">#USpol</a> <a href="https://hachyderm.io/tags/USpolitics" class="mention hashtag" rel="nofollow noopener" target="_blank">#USpolitics</a> <a href="https://hachyderm.io/tags/gambling" class="mention hashtag" rel="nofollow noopener" target="_blank">#gambling</a> <a href="https://hachyderm.io/tags/PredictionMarkets" class="mention hashtag" rel="nofollow noopener" target="_blank">#PredictionMarkets</a>

Molly WhiteAnd the stakes are high, as prediction markets are now attracting billions in monthly trading volume and hundreds of thousands of participants. Regulators and lawmakers need to decide whether these platforms should be overseen like gambling platforms, or if CFTC regulations will be sufficient.<a href="https://hachyderm.io/tags/USpol" class="mention hashtag" rel="nofollow noopener" target="_blank">#USpol</a> <a href="https://hachyderm.io/tags/USpolitics" class="mention hashtag" rel="nofollow noopener" target="_blank">#USpolitics</a> <a href="https://hachyderm.io/tags/gambling" class="mention hashtag" rel="nofollow noopener" target="_blank">#gambling</a> <a href="https://hachyderm.io/tags/PredictionMarkets" class="mention hashtag" rel="nofollow noopener" target="_blank">#PredictionMarkets</a>

Molly WhiteBut not all platforms do, and some do it for only some of their markets. This is particularly troublesome for election markets — like the NYC mayoral race bet mentioned by Ackman. The CFTC has in the past balked at allowing election-related markets, saying it is not equipped to play “election cop”.<a href="https://hachyderm.io/tags/USpol" class="mention hashtag" rel="nofollow noopener" target="_blank">#USpol</a> <a href="https://hachyderm.io/tags/USpolitics" class="mention hashtag" rel="nofollow noopener" target="_blank">#USpolitics</a> <a href="https://hachyderm.io/tags/gambling" class="mention hashtag" rel="nofollow noopener" target="_blank">#gambling</a> <a href="https://hachyderm.io/tags/PredictionMarkets" class="mention hashtag" rel="nofollow noopener" target="_blank">#PredictionMarkets</a>

Molly WhiteOther platforms that deal with outcome-based bets, like sportsbooks, have to impose strict monitoring against allowing athletes and others who could potentially influence outcomes from participating. Some prediction platforms do similar, but it’s not clear if it’s explicitly required.<a href="https://hachyderm.io/tags/USpol" class="mention hashtag" rel="nofollow noopener" target="_blank">#USpol</a> <a href="https://hachyderm.io/tags/USpolitics" class="mention hashtag" rel="nofollow noopener" target="_blank">#USpolitics</a> <a href="https://hachyderm.io/tags/gambling" class="mention hashtag" rel="nofollow noopener" target="_blank">#gambling</a> <a href="https://hachyderm.io/tags/PredictionMarkets" class="mention hashtag" rel="nofollow noopener" target="_blank">#PredictionMarkets</a>

Molly WhiteUnlike the SEC, the CFTC’s mandate is centered on market integrity and preventing fraud or manipulation — not on consumer protection. Can its existing rules work for these retail-dominated platforms?<a href="https://hachyderm.io/tags/USpol" class="mention hashtag" rel="nofollow noopener" target="_blank">#USpol</a> <a href="https://hachyderm.io/tags/USpolitics" class="mention hashtag" rel="nofollow noopener" target="_blank">#USpolitics</a> <a href="https://hachyderm.io/tags/gambling" class="mention hashtag" rel="nofollow noopener" target="_blank">#gambling</a> <a href="https://hachyderm.io/tags/PredictionMarkets" class="mention hashtag" rel="nofollow noopener" target="_blank">#PredictionMarkets</a>

Molly WhiteBut these markets have also butted up against other regulatory regimes, like gambling authorities. Kalshi in particular has argued in court that it is a trading platform, not a gambling site, although their advertising has invited customers to come “bet”.<a href="https://hachyderm.io/tags/USpol" class="mention hashtag" rel="nofollow noopener" target="_blank">#USpol</a> <a href="https://hachyderm.io/tags/USpolitics" class="mention hashtag" rel="nofollow noopener" target="_blank">#USpolitics</a> <a href="https://hachyderm.io/tags/gambling" class="mention hashtag" rel="nofollow noopener" target="_blank">#gambling</a> <a href="https://hachyderm.io/tags/PredictionMarkets" class="mention hashtag" rel="nofollow noopener" target="_blank">#PredictionMarkets</a>

Molly WhitePrediction markets generally fall under the regulatory authority of the CFTC. Unlike the more retail-focused SEC, the CFTC has a different approach to trading on insider information.<a href="https://hachyderm.io/tags/USpol" class="mention hashtag" rel="nofollow noopener" target="_blank">#USpol</a> <a href="https://hachyderm.io/tags/USpolitics" class="mention hashtag" rel="nofollow noopener" target="_blank">#USpolitics</a> <a href="https://hachyderm.io/tags/gambling" class="mention hashtag" rel="nofollow noopener" target="_blank">#gambling</a> <a href="https://hachyderm.io/tags/PredictionMarkets" class="mention hashtag" rel="nofollow noopener" target="_blank">#PredictionMarkets</a>

Molly WhitePrediction markets began as strictly limited academic exercises to study whether financial markets might outperform polling and other forecasting. But some court wins and a much friendlier political climate have allowed these platforms to dramatically expand.<a href="https://hachyderm.io/tags/USpol" class="mention hashtag" rel="nofollow noopener" target="_blank">#USpol</a> <a href="https://hachyderm.io/tags/USpolitics" class="mention hashtag" rel="nofollow noopener" target="_blank">#USpolitics</a> <a href="https://hachyderm.io/tags/gambling" class="mention hashtag" rel="nofollow noopener" target="_blank">#gambling</a> <a href="https://hachyderm.io/tags/PredictionMarkets" class="mention hashtag" rel="nofollow noopener" target="_blank">#PredictionMarkets</a>

Molly WhiteBillionaire Bill Ackman recently suggested Eric Adams should drop out of the NYC mayoral race and “fund his future” by first placing a Polymarket bet. This feels like it should be illegal. But is it?<a href="https://hachyderm.io/tags/USpol" class="mention hashtag" rel="nofollow noopener" target="_blank">#USpol</a> <a href="https://hachyderm.io/tags/USpolitics" class="mention hashtag" rel="nofollow noopener" target="_blank">#USpolitics</a> <a href="https://hachyderm.io/tags/gambling" class="mention hashtag" rel="nofollow noopener" target="_blank">#gambling</a> <a href="https://hachyderm.io/tags/PredictionMarkets" class="mention hashtag" rel="nofollow noopener" target="_blank">#PredictionMarkets</a>

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