Casey Newton

And the way that they gauge this is with this, like, series of thermometers that are placed in various parts of Paris.

And that this insider trader allegedly, like, basically took a hairdryer or some other heating device and, like, held it next to one of these sensors.

Can you just tell me what happened here?

I fell for that one.

So how did they actually tamper with the temperature sensor?

Totally.

And I think that is ultimately bad for the markets themselves.

Market integrity is obviously very important.

If people start to feel like they're competing on these markets with people who have access to like insider information, that's going to dissuade them from doing it.

I mean, I was thinking about this after the Bad Bunny halftime show at the Super Bowl.

Where there were lots of prediction markets on what songs Bad Bunny would perform and various other things.

Celebrities will appear.

Celebrities will appear.

And there were active prediction markets.

And it turned out that like probably some of the people betting on those markets were like part of the halftime show or had watched the rehearsals or something.

And it just feels like after enough of these incidents, like you kind of have to be a sucker to participate in these markets without insider information.

Yes.

And, like, what happens if that goes away?

If just the normal people who just want to go online and gamble a little bit of money on something go away because they think it's rigged?

Me too.