Crypto Betting Market Accurately Predicted Arrest of Suspected UnitedHealthcare CEO Killer

By
Gunman
A prediction market that allowed users to bet on the arrest of the killer of the UnitedHealthcare CEO has successfully forecasted the timing of his capture. NYPD

A prediction market that allowed users to bet on the arrest of the killer of the UnitedHealthcare CEO has successfully forecasted the timing of his capture.

On Dec. 4, Brian Thompson, the 50-year-old CEO of UnitedHealthcare, was shot and killed outside New York Hilton Midtown in Manhattan. The shooter, who fled on an e-bike into Central Park, evaded capture, prompting a massive search by the NYPD.

As the killer remained at large, public interest became widespread as people wondered when the suspect would be arrested.

Polymarket, a crypto-based prediction platform, allowed users to bet on when or if the killer would be arrested.

Initially, the odds were low, with just a 65% chance of an arrest by the end of the week. However, by day six of the manhunt, the odds shifted to 82%, reflecting a growing belief that the arrest was imminent.

"The manhunt for UnitedHealthcare CEO Bryan Thompson's killer is on its 6th day. Odds they arrest him this week just hit 82%," Polymarket wrote on X Monday morning.

Polymarket's forecast turned out to be prescient. As the NYPD closed in on their suspect, the prediction market saw a significant surge in bets.

Investigators have since taken Luigi Mangione into custody after a McDonald's worker reportedly recognized him in Pennsylvania. He has not yet been formally charged in connection to the shooting.

Originally published on Latin Times.

Join the Discussion
More Law & Society
Trump No Longer Blames Biden for ‘Open Border’ Policy: ‘Look

Trump Now Claims Biden 'Wasn't for Open Borders,' Blames 'Radical Left' Politicians for Using Autopen

Former US Attorney Warns Trump’s Threats Against Rosie O’Donnell Are

Former US Attorney Warns Trump's Threats Against Rosie O'Donnell Are 'Claiming Powers of Full-Blown Dictator'

Texas Floods Kill Over 100 as New Rain Threatens Hard-Hit Communities

Flooded Texas County Turned Down Funds for Warning System From Biden Admin in 2021: 'We Don't Want to Be Bought'

Donald Trump and Tom Homan

Border Czar Declares 'Physical Appearance' Is Enough for ICE to Detain and Question: 'They Don't Need Probable Cause'