It comes after someone made over $400,000 off of a well-timed trade on Polymarket, a competing prediction market platform.
Kalshi's CEO on Wednesday endorsed a prediction markets ban on insider trading by government officials, saying his company ...
Rep. Ritchie Torres' bill would ban government officials from making prediction market trades based on insider information.
Online sleuths have tried to uncover who placed a winning bet on the Venezuelan leader's arrest to no avail. Still, ...
A proposed bill to limit insider trading on prediction markets by federal government figures may be the clearest sign yet of ...
Governor Ron DeSantis announced a new legislative proposal aimed at draining the swamp, restoring public trust in Congress, and curbing Congressional insider trading by increasing transparency and ...
Industry figures argue that insider trading on prediction markets is a “feature, not a bug,” as they face growing scrutiny ...
Forbes contributors publish independent expert analyses and insights. Steve Weisman writes about white-collar crime. Portrait of a smiling Ivan Boesky, an American financier and expert in risk ...
House Democrat Ritchie Torres plans a bill to ban officials from trading on Polymarket/Kalshi using nonpublic info.
When corporate executives, board members, and major shareholders place significant trades in their own companies, they often know something the market doesn’t. Tracking insider trades has long been a ...