1confirmation founder: Insider trading helps the market converge towards true value more quickly.

Nick Tomaino, founder of 1confirmation, stated on the X platform that prices are honest, while narratives are deceptive. The discussion surrounding insider trading is complex. While generally viewed negatively, its essence lies in trading with more accurate information. Allowing insider trading could cause prices to converge more quickly to their true value, benefiting the entire market and revealing more truth. Currently, the SEC prohibits insider trading in the securities market, theoretically to enhance public trust, but Nancy Pelosi profited $130 million in the stock market during her 37-year political career. Meanwhile, the CFTC does not prohibit insider trading in commodities and futures in the same way; trading futures and commodities using material non-public information is legal unless deception or manipulation is involved. The future of market prediction remains to be seen. Those who want to control the market may promote the harmfulness of insider trading, but a free market and more truth are the better choices.