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InevitableSwing [none/use name]@hexbear.net to Chapotraphouse@hexbear.netEnglish · 1 month ago

Kalshi is not paying out "Khamenei out of power by [date]" contracts because he died. A tweet by a founder...

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Kalshi is not paying out "Khamenei out of power by [date]" contracts because he died. A tweet by a founder...

xcancel.com

InevitableSwing [none/use name]@hexbear.net to Chapotraphouse@hexbear.netEnglish · 1 month ago
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  • JoeByeThen [he/him, they/them]@hexbear.net
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    1 month ago

    Good that they’re fucking people over this early in the game. Maybe folks will learn something. Probably not, but maybe.

  • KnilAdlez [none/use name]@hexbear.net
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    1 month ago

    many traditional markets, like oil futures, can be proxy markets for war and death.

    He’s real for this, ngl


  • microfiche [he/him]@hexbear.net
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    1 month ago

    the founder:

    And it’s always possible for a ruler to step down or transition power without death, even in autocracies. It just happened in Venezuela.

    a twitter user:

    This is stealing, plain and simple. Will be contacting @CFTC

  • SorosFootSoldier [he/him, they/them]@hexbear.net
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    1 month ago

    I personally love gambling and betting on the rot, I am a normal healthy well adjusted adult male in the west! smug-explain

  • InevitableSwing [none/use name]@hexbear.netOP
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    1 month ago

    The platform is reimbursing all fees, settling pre-death positions at the last-traded price, and fully refunding post-death positions, though critics say Kalshi actively promoted what amounted to a proxy death market.

    https://www.theblock.co/post/391678/kalshi-ceo-defends-khamenei-market-design-after-backlash-says-platform-will-reimburse-all-fees

  • Awoo [she/her]@hexbear.net
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    1 month ago

    What other method of being out of power did they have in mind? Peacefully giving it up?

    • InevitableSwing [none/use name]@hexbear.netOP
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      1 month ago

      Retiring to spend more time with his family - maybe.

  • FlakesBongler [they/them]@hexbear.net
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    1 month ago

    • JustSo [she/her, any]@hexbear.netM
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      1 month ago

      annoyed grunt

      chefs-kiss

      • FlakesBongler [they/them]@hexbear.net
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        1 month ago

        A fellow connoisseur!

  • BoxedFenders [any, comrade/them]@hexbear.net
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    1 month ago

    Military insiders seething that their sure bet won’t pay out.

  • JustSo [she/her, any]@hexbear.netM
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    1 month ago

    you can’t run a dead pool. sicko-no

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