Today’s news on the fast-moving Manhattan shooting investigation front – suspect Luigi Mangione was found with “written admissions” about the shooting, according to Forbes reporting.
Manifesto
The early morning assassination of UnitedHealthcare CEO Brian Thompson on the streets of Manhattan last week, the ensuing widespread search for the shooter, then the arrest of Mangione yesterday at a McDonald’s in Pennsylvania, followed last night by the formal charging of the 26-year-old for the murder, has swept up the country.
The New York Times noted via an obtained internal NYPD report that a manifesto was found on Mangione when he was arrested at the restaurant, where Mangione “appeared to view the targeted killing of the company’s highest-ranking representative as a symbolic takedown and a direct challenge to its alleged corruption and ‘power games,’ asserting in his note he is the ‘first to face it with such brutal honesty.’”
Polymarket Betting Odds
Now, the prediction website Polymarket is getting in on everything – users can start wagering on Mangione in categories like “Will Luigi Mangione plead guilty?” ($13,000 in volume, with Polymarket betting odds saying there’s a 68% chance it will), “Luigi Mangione manifesto released by Friday?” ($58,000 in volume, with Polymarket betting odds saying there’s a 24% chance it will), “Is Luigi Mangione YouTube channel real?” ($83,000 in volume, with Polymarket betting odds saying there’s a 1% chance it is), and “What will Luigi Mangione say in his manifesto?” ($73,000 volume, 10% odds on “Unabomber” Ted Kaczynski).
Site Rocketed to Popularity During Election
Users on Polymarket, which launched in 2020, can bet on news events. The site jolted in popularity during the U.S. national election in November, with betting volume running into the billions during that time. The platform correctly called Donald Trump’s election win.
The FBI raided the apartment of Polymarket CEO Shayne Coplan just after the election, seizing cellphones and electronic devices. Coplan was not charged. Polymarket users operate via cryptocurrency, allowing for anonymity.
The Commodity Futures Trading Commission has investigated Polymarket in the past, concerned that events contracts or prediction markets is actually gambling. Polymarket says it doesn’t allow Americans to bet on the exchange, and checks users to make sure they aren’t user VPNs, which hide a user’s location.
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