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Prediction Markets Under Fire: Insider Trading Concerns

Published 1 day, 10 hours ago
Description

Prediction markets under scrutiny as bets on real-life crises raise concerns: Polymarket shuts down bets on U.S. airman rescue, while similar bets on Iran ceasefire and Venezuelas leader getting ousted raise red flags for insider trading. Lawmakers push for regulations, with the Commodity Futures Trading Commission facing heat for lacking staff and tech to police this wild west of wagering.

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