Tag: Insider

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Democrats urge warnings to federal officials against insider bets on prediction markets

More than 40 Democrats in the U.S. Senate and House of Representatives sent a letter to a federal regulator and to ethics officials to...

Gavin Newsom Bans California Public Officials From Prediction Market Insider Trading

In brief California public officials are banned via executive order from using inside information to make money on prediction markets. The ban extends to state officials...

California Governor Newsom Signs Prediction Market Insider Trading Order

California Governor Gavin Newsom signed an executive order on Friday, expanding rules to curb public servants and those close to them from benefiting from...

Polymarket Tightens Insider Trading Rules

The prediction market is updating insider trading and manipulation rules days after inking an exclusive partnership with Major League Baseball.Polymarket on Monday announced updated...

Polymarket, Kalshi Make Moves to Counter Insider Trading as Scrutiny Grows

In brief Polymarket and Kalshi both made new moves to try and curb insider trading on their prediction market platforms. Polymarket has introduced new integrity...

Backpack Exchange launches BP token with 25% airdrop, no insider allocation

Backpack Exchange, a Solana-based cryptocurrency trading platform, launched on Monday its native token, BP, detailing a token generation event (TGE) that includes a mix...

Senator Chris Murphy, Rep. Greg Casar target insider trading on prediction markets

Democratic lawmakers are trying to put a stop to potential manipulation of prediction markets by government officials who bet on events they know are...

Polymarket bets on Argentina inflation spike before official data raising insider trading fears – DL News

Reporters in Argentina have flagged possible insider trading on Polymarket.Bets on inflation figures in the country came before official data was released.US lawmakers have...

Polymarket Traders Make $1M on US-Iran Strike Bets, Spark Insider Concerns

Six Polymarket traders earned roughly $1 million after accurately betting that the United States would strike Iran before the end of February, triggering insider...

ZachXBT Accuses Axiom Staff of Insider Trading Using Wallet Data

Recordings and screenshots reviewed by the blockchain investigator show internal tools that surfaced users’ private wallets and trade histories.Blockchain sleuth ZachXBT has accused employees...

Polymarket bettors appear to have insider-traded on a market designed to catch insider traders

Can you insider-trade on an investigation into your own insider trading? Polymarket just turned that question from philosophical to practical.Blockchain sleuth ZachXBT published findings...