insider trading

Explained Response To ‘Suspicious’ Prediction Market Trades

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Explained Response To ‘Suspicious’ Prediction Market Trades

InGame A group of 12 senators signed and sent a letter asking Commodity Futures Trading Commission (CFTC) Chairman Michael Selig, to explain the regulator’s approach to insider trading in the prediction markets. The letter, dated Sunday, followed reports of activity that appeared consistent with insider trading on the Polymarket prediction market, on contracts related to … Read more

$400,000 payout after Maduro’s capture puts prediction markets on edge

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0,000 payout after Maduro’s capture puts prediction markets on edge

Prediction markets let people bet on anything from a basketball game to the outcome of a presidential election — and recently, the fall of former Venezuelan President Nicolás Maduro. The latter is drawing renewed scrutiny in this murky world of speculative transactions, 24/7. Last week, an anonymous trader pocketed more than $400,000 after betting that … Read more