NEWYou can now listen to Fox News articles! The White House recently announced President Donald Trump on Thursday exercised his authority under Article II, Section 2 of the U.S. Constitution to grant a “full, complete, and unconditional pardon” to former Republican Indiana Rep. Stephen Buyer, who was convicted of profiting from insider information. The pardon … Read more
Michele Spagnuolo, the Google engineer accused of using company data to bet on Polymarket, had a long list of enviable accomplishments Source link
A software engineer at Google is facing federal charges after allegedly betting on confidential company information on Polymarket, netting more than $1.2 million in profits, the second insider trading prosecution against a user of the popular prediction market service in recent months. In court papers released by the Justice Department, Michele Spagnuolo was accused of … Read more
Federal prosecutors allege a software engineer made more than $1 million using nonpublic information to bet on who would be the most-searched people of 2025. Source link
The House Oversight Committee said on Friday that it is opening an investigation into Kalshi and Polymaket over alleged incidents of insider trading by users of the prediction markets. Rep. James Comer of Kentucky, the panel’s chairman, sent letters to Kalshi CEO Tarek Mansour and Polymarket CEO Shayne Coplan requesting internal documents to determine what the companies … Read more
Prediction market users are profiting from bets on war. Analysts say suspiciously timed bets, and the high win rates of wagers on military outcomes , are likely signs of insider trading. Source link
Nine connected Polymarket accounts have raked in more than $2.4 million betting almost exclusively on U.S. military actions in what digital detectives from the data analytics firm Bubblemaps have identified as a potentially egregious case of insider trading. The anonymous accounts made winning bets on the specific dates of pivotal moments in the war with … Read more
The Department of Homeland Security will elevate an immigration insider – with ties to a detention contractor – to oversee arrests and deportations after months of public blowback against the agency. David Venturella, a longtime official and former private-prison executive, is expected to take over as acting director at Immigration and Customs Enforcement next month, … Read more
NEWYou can now listen to Fox News articles! A trucking industry insider is warning about a deadly danger rampant on U.S. highways: unqualified, under-trained commercial truckers, many of whom are illegal immigrants and cannot read basic road signage. In an interview with Fox News Digital, Mike Kucharski, co-owner and vice president of Illinois-based JKC Trucking, … Read more
NEWYou can now listen to Fox News articles! War Secretary Pete Hegseth forcefully denied allegations that he or others may have profited from the war with Iran during a heated Senate exchange Thursday, telling Sen. Elizabeth Warren, D-Mass., that “no one owns me” as she pressed him on what she said was suspicious trading activity … Read more