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flag SEBI warns against "opinion trading platforms," deeming them unregulated and illegal in India.

flag SEBI, India's market regulator, has warned investors about "opinion trading platforms," stating these platforms are unregulated and offer no legal protections. flag These platforms allow betting on real-world events but are not recognized stock exchanges and do not fall under SEBI's regulatory framework. flag SEBI advises caution, noting that trading on these platforms is illegal and lacks investor protection.

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