New top federal enforcer has his sights set on ending insider trading on prediction markets
Corroborated by 2 sources from 2 publishers
globalbusiness6h ago
TL;DR
Federal prosecutors in New York have met with representatives from Polymarket to discuss how existing laws on insider trading might be applied to suspicious bets, according to a new report from CNN The federal agency that regulates derivatives markets is ready to put the hammer down on prediction markets.