Brian Armstrong deliberately used certain words during Coinbase's Q3 call to sway $84,000 in bets on Kalshi and Polymarket over which terms would be mentioned (Bloomberg)
NegativeArtificial Intelligence

Brian Armstrong, the CEO of Coinbase, has stirred controversy by intentionally using specific language during the company's Q3 earnings call, which influenced $84,000 in bets on prediction markets like Kalshi and Polymarket. This incident raises concerns about the integrity of prediction markets and how easily they can be manipulated by influential figures. As these platforms grow in popularity, understanding their vulnerabilities becomes crucial for investors and regulators alike.
— Curated by the World Pulse Now AI Editorial System


