The company said it was looking into hundreds of new accounts that had placed wagers in two markets related to the election on Tuesday.
Category: Insider Trading
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Polymarket Is Investigating Suspicious Bets on Israeli Election
The New York Times – Business: -
Polymarket Is Investigating Suspicious Bets on Israeli Election
The New York Times – Business:The company said it was looking into hundreds of new accounts that had placed wagers in two markets related to the election on Tuesday.
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Stock Trading in Congress Becomes an Attack Line in Midterm Campaigns
The New York Times – On the Runway:Republican and Democratic challengers are both using the issue to attack members of Congress as unethical, seizing on a common practice that enrages voters.
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Kalshi’s Tarek Mansour Isn’t Interested in Management Advice
The New York Times – Business:Tarek Mansour co-founded the fast-growing prediction market company shortly after graduating from M.I.T., aiming to provide a “mathematical, objective” view of the world.
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Trump’s Stock Trades Raise Eyebrows. The Family Says He Keeps His Hands Off.
The New York Times – Business:The Trump Organization says the president’s financial investments are handled by outside firms and that it has no control over the timing or selection of transactions.
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Why Investors Are Still Betting Big on Kalshi
The New York Times – Business:The popular prediction market platform has just raised a new funding round that values it at $22 billion, double what it was worth in December.
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Polymarket Bets on Paris Temperature Prompt Investigation After Unusual Spikes
The New York Times – Business:The authorities said a Paris airport weather sensor may have been tampered with as large wagers were placed on the betting site.
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How Anonymous Bettors Cashed In on the Iran Strike, Just Hours Before It Happened
The New York Times – Business:Polymarket users placed hundreds of bets of at least $1,000 predicting an imminent American strike, raising concerns about insider trading.
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Republicans Advance Stock-Trading Bill With Limited Restrictions
The bill would allow lawmakers to keep their existing stock and continue to sell it if they provide seven to 14 days of notice. Democrats called it a “gift to insider traders.”
