Verifact Markets launches prediction markets for settling disputed past events
Verifact Markets, a startup incubated by Peter Wokwicz's Positron Capital Management, launched Friday with trading on 'disputed facts' rather than future events. Initial markets let traders bet on whether Jeffrey Epstein died by suicide, whether State Farm intentionally delayed LA wildfire claims, and whether Covid-19 originated from the Wuhan Institute of Virology, with 'true' currently priced at 76 cents on that question.