Mmastodon WorldUS Politics first seen 13 h ago, last 5 h ago, peak #4
Trump Jr. leads $1 billion funding round into Polymarket
Original: As the Trump administration boosts prediction markets and clears the way for them to operate without pesky oversight, Do
Donald Trump Jr., through his venture capital firm 1789 Capital, is leading a $1 billion funding round into prediction market Polymarket. The move comes as the Trump administration promotes prediction markets and moves to let them operate with reduced regulatory oversight. Critics see a conflict of interest in the president's family investing in a sector the administration itself is deregulating.
Why now: The Trump family's financial stake in a market the administration is deregulating raises conflict-of-interest concerns.
Donald Trump Jr.Polymarket1789 CapitalTrump administration
Evidence
- As the Trump administration boosts prediction markets and clears the way for them to operate without pesky oversight, Donald Trump Jr. is leading a $1 billion funding round into Polymarket through his 1789 Capital VC firm. # crypto # cryptocurrency # USpol # USpolitics #… · molly0xfff@hachyderm.io · 46
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