Wealthsimple’s new prediction markets app shows Canadian users popular markets, such as who will win the 2028 US presidential election, even if the company can’t let users bet on them due to Canadian laws. Experts suspect the approach is “teasing” Canadians in a bid they will pressure regulators to loosen the rules.
I’m not surprised to hear of their continued moral degradation given how thoroughly they shilled for crypto back in the day. That alone probably gave some late rug pullers enough of a boost to get out unscathed.