insider trading

An Army Sergeant, a White House Aide, and a California Candidate: Prediction Markets’ Insider-Trading Problem

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Prediction Market Insider Trading: California Saw It Coming

A wave of insider-trading cases, from a soldier who bet on a classified military operation to Trump’s teleprompter operator, has made prediction markets a federal enforcement target. California moved on the risk months before the scandals broke. WASHINGTON — The people getting caught are what make the story. An Army master sergeant with a security … Read more

Newsom Barred His Appointees From Betting on Inside Information. He Wasn’t the Only Governor.

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Newsom Prediction Markets Order | Insider Betting Ban

As well-timed bets on war and politics piled up on Kalshi and Polymarket, California moved to keep its own officials from cashing in. Three more governors did the same within weeks. SACRAMENTO – There was money to be made on the worst news of the year. As the federal government weighed military strikes and other … Read more