The CEO of Coinbase finished an earnings call by reading all the buzzwords you could bet on to be mention during the call. So a CEO can manipulate these things and who knows if it was just a marketing thing or if he shared his plans.

As long as he didn't place any bets, I think what he did is totally fine.

If I find out my friends placed bets on whether I'll say X tomorrow, I'm not obligated to act as if I didn't know.

So is it also okay if his friends placed a bet and shared the profits with them?

Downvotes on HN is always fascinating. Source: https://www.msn.com/en-us/money/markets/coinbase-ceo-s-bizar...

"I don't want to consider possibly living in a world in which this might be true" is definitely a specific genre of downvote.