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From a soldier with insider information to rigged thermometers: The multimillion-dollar scams on Polymarket

A betting page on the potential fall of the Iranian regime by June 30 appears on the Polymarket platform on a smartphone.

There are no such things as coincidences. What are the odds that a Polymarket user pockets a hefty profit by betting on the exact moment Nicolรกs Maduro would cease to be president of Venezuela? And what are the odds that others walk away with more than $35,000 for predicting the temperature in Paris on an ordinary day? These are alwaysโ€‘winning wagers inside the booming prediction market, which is built entirely on binary outcomes โ€” A or B. Fast, easy money.

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Supreme Court leans toward backing FCC fines against Verizon, AT&T

After concessions from the government about its limits, the Supreme Court appeared open to backing the Federal Communication Commissionโ€™s (FCC) setup for imposing massive fines at oral arguments on Tuesday. The justices are reviewing more than $100 million in combined penalties against Verizon and AT&T over their use of customersโ€™ location data. The companies say...

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