1confirmation fundador: las operaciones con información privilegiada benefician a que el mercado se acerque más rápidamente al valor real

Odaily Planet Daily News: Nick Tomaino, founder of 1confirmation, posted on the X platform stating that price is honest, while narrative is deceptive. Discussion regarding insider trading is quite complex. Although insider trading is typically viewed negatively, its essence is trading with more accurate information. Allowing insider trading can make prices converge to true value faster, thereby benefiting the entire market and bringing more truth. Currently, the SEC prohibits insider trading in securities markets, theoretically to enhance public trust, but Nancy Pelosi has profited 130 million dollars in the stock market during her 37-year political career. Meanwhile, the CFTC has not prohibited insider trading in commodities and futures in the same way, except when involving fraud or manipulation—trading futures and commodities using material nonpublic information is legal. The development of prediction markets remains to be observed. Those wanting to control markets will promote the theory that insider trading is harmful, but free markets and more truth are the better choice.