I Figured Out How to Rig Rotten Tomatoes Prediction Markets

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News Source : New York Magazine

News Summary

  • Insider trading used to be the domain of mergers and acquisitions lawyers, bankers in contrast collars, and Martha Stewart.
  • But the game has been opened up for millions of Americans, democratized by prediction markets like Kalshi and Polymarket.
  • Much of this is thanks to Gannon Van Dyke, allegedly charged with insider trading with the u.s. Special Forces for allegedly rigging the ratings for the TV series Alien: Earth.
  • A few prediction-market experts say there was a better way to do this: Take a universally loved movie and submit a review, just before the deadline, saying it sucks.

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