Prediction markets have sparked a golden age of insider trading—but the party may be coming to an end

Corroborated by 3 sources from 3 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.

Sources