Category: Selig, Michael S

Prediction Firms Are Flagging Insider Traders. Many Will Not Face Charges.

The New York Times – Business:
The agency that polices the industry does not have the staffing, the legal tools or the will to broadly crack down on wagers that are easily manipulated, experts say.
Perfect Timing, Big Payouts: Insider Trading Red Flags Emerge on Polymarket

The New York Times – Business:
Dozens of long-shot bets on Polymarket, from the war with Iran to the cryptocurrency market, have defied the odds, according to a New York Times examination.

Prediction Firms Are Flagging Insider Traders. Many Will Not Face Charges.