Shaan Puri

And basically he did like a forensic audit and kind of subpoenaed his digital wallets.

And they basically found that this guy had made $3 million over the last year with a pretty much 100% hit rate on his polymarket bets.

And what he had realized, and so she was now going to be entitled to half of $3 million.

But the guy fighting it in the courtroom was like, well, this is not an asset.

It's a strategy.

I'm running a strategy that's allowing me to win.

So the judge was like, okay, what's your strategy?

And he basically was like, well, I just realized that the Las Vegas sports books would update and the market I was betting on wasn't updating fast enough.

And so I would just bet the new odds.

Even if the thing didn't happen, it was going to always match the new odds.

And so he's like, I was just arbitraging that.

And so he had like,

They audited his bets and it was just all green, basically.

And so there's a lot of people that have found these little arbitrages.

People are sending people to, let's say, a sporting event because they can relay what happened faster than the broadcast and faster than the database updates.

I swear this was happening in Asia with soccer matches.

Yeah.

It's like, have you ever read Flash Boys?

There was a whole quant trading thing where if you put your server close to the New York Stock Exchange server, you could get your trade in before the guy who was doing it through a normal server.

And they're putting fiber through mountains to shave off pennies off of every trade, essentially.