Wall Street giants Goldman Sachs and Morgan Stanley are restricting employee prediction market trades on platforms like Polymarket and Kalshi due to insider trading fears.
A new legislative proposal aims to prohibit insider trading on prediction markets for policy-related events, specifically excluding White House officials from the ban.
Prediction market platform Kalshi is enhancing its security measures, requiring users to disclose employer information for high-risk markets to prevent insider trading.
Prediction market platform Kalshi introduces new rules, including employer disclosure for high-risk markets, to combat insider trading and manipulation.
A recent perspective highlights the complex dilemma of insider trading in prediction markets, suggesting that short-term accuracy gains could undermine long-term participation.
A US soldier is set to face trial in December for allegedly using confidential military information to trade on the prediction market platform Polymarket.
The EdgeX token has crashed, with an on-chain investigator alleging insider manipulation, while the platform blames an external party.