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Analysis: Coinbase’s (COIN) Brian Armstrong Made Prediction Markets Look Dumb. Bill Ackman Made Them Look Real

Analysis: Coinbase’s (COIN) Brian Armstrong Made Prediction Markets Look Dumb. Bill Ackman Made Them Look Real

2025-10-31

A Coinbase CEO prank resolved one market with a single sentence. Ackman’s warning about “rigged odds” in a $22 million Polymarket election shows the opposite: it now takes institutional-scale money to move prices even 10%.

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