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
IE 11 is not supported. For an optimal experience visit our site on another browser. Now Playing Warren questions Hegseth about insider trading around Iran war developments 03:25 UP NEXT Speaker Johnson says U.S. is ‘not at war’ with Iran 00:46 Iran war has cost the U.S. $25 billion after eight weeks, official says 04:00 … Read more
IE 11 is not supported. For an optimal experience visit our site on another browser. Skip to Content news Alerts There are no new alerts at this time 01:02 Warren questions Hegseth about insider trading 00:0000:00 Source link
A soldier betting on an operation to oust Venezuela’s leader. Politicians gambling on their own elections. Massive bets on the president announcing a ceasefire with Iran right before he actually did. Are prediction markets safe places for news junkies to bet on events – or dens of insider trading? A lot is at stake as … Read more
NEW YORK — A soldier betting on an operation to oust Venezuela’s leader. Politicians gambling on their own elections. Massive bets on the president announcing a ceasefire with Iran right before he actually did. Are prediction markets safe places for news junkies to bet on events — or dens of insider trading? A lot is … Read more