Everything is gambling now: the latest news on prediction markets like Polymarket and Kalshi
See all Stories
R
What does Polymarket’s US “CEO” actually do?
A report by The Information says that for the US-licensed arm of the prediction market, chief executive Justin Hertzberg “appears to be CEO in name only,” despite his protestations to the contrary.
It also runs down Polymarket’s issues in losing BMO Bank as a banking partner and Hertzberg’s history of launching “more than 300 prop trading firms,” including one, Surge Trader, where victims of an alleged Ponzi scheme sued him to get their money back.
Polymarket’s Homecoming Is Shaky and its U.S. CEO Is AWOL
[The Information]
Follow topics and authors from this story to see more like this in your personalized homepage feed and to receive email updates.
Loading comments
Getting the conversation ready...
Most Popular
Most Popular
- OpenAI pauses training of its ‘most capable models’
- Control Resonant is a great game — it’s even better when you read everything
- Apple hit with $5.7 billion in damages over haptic patents
- Leaks reveal a new Apple HomePod mini, iPad mini, and Apple TV 4K
- Can Apple Home’s AI camera features outsmart Amazon’s and Google’s? I put them to the test
