It’s the first time suspected insider trading on Polymarket has led to criminal charges in the U.S.
Polymarket
Posted inNPR
French police probe suspected weather device tampering after odd Polymarket bet
The incident is the latest eyebrow-raising bet on Polymarket, as allegations of rigging and manipulation continue to haunt the popular prediction market site.
Posted inNPR
Who says they have no fear of the Trump administration? The quiz knows
Also: If you know what Eric Swalwell looks like, you’ll get at least one question correct.
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A Polymarket trader made $300,000 betting on Biden’s pardons, a new analysis shows
In the final hours of President Biden’s term, an anonymous prediction market trader placed lucrative bets on who would be pardoned even as the odds were nearly zero.
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Arizona AG files criminal charges against Kalshi over ‘illegal gambling’
Arizona is the first state to allege the prediction market company has committed criminal violations, accusing it of running an unlicensed gambling operation.
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The Kalshi and Polymarket CEO feud: They hate each other
The 20-something billionaires who run Kalshi and Polymarket are battling it out to be the top prediction market company. Observers and former insiders say the feud is just heating up.
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TV antennas and Super Bowl rehearsals: How prediction market traders seek an edge
As prediction markets boom, competition is heating up. So traders go the extra mile for a fraction-of-a-second advantage or to sleuth out information nobody else has. It can lead to a huge payday.
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They quit their day jobs to bet on current events. A look inside the prediction market mania
Prediction market apps are thriving in Trump’s second term, with traders betting on migrant deportations to election outcomes. A community of young, mostly male and very online traders are driving the industry’s bonanza.
Posted inNPR
A $400,000 profit on Maduro’s capture raises insider trading questions on Polymarket
Online sleuths have tried to uncover who placed a winning bet on the Venezuelan leader’s arrest to no avail. Still, prediction market watchers say the bet appears suspicious.
