AI & Machine Learning

Insider traders are getting caught. It's still not enough for prediction market critics.

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Insider traders on prediction markets like Kalshi and Polymarket have been caught, but critics in Congress remain unsatisfied, arguing that these markets should not exist due to concerns over gambling and insider trading. Despite efforts by the companies to strengthen rules and collaborate with authorities, lawmakers are pushing for broader bans on prediction markets, viewing them as a form of gambling that poses ethical and regulatory risks.

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