Coinbase Global Inc. (NASDAQ:COIN) CEO Brian Armstrong spoke out on the validity of prediction markets, saying you “100% want” insiders betting if optimizing for truth.
The Viral Misquote That Sparked Armstrong’s Response
An X user claimed Armstrong said insider trading is “100% necessary” for prediction markets and attributed a quote to him: “If you want truth about the world, insiders are the only path.”
The user, operating under the handle @itslirrato, posted a clip of Armstrong discussing prediction markets with a U.S. government official and framed it as an endorsement of …Full story available on Benzinga.com
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