CFTC chairman Michael Selig sat down with WIRED to discuss how the agency scours Polymarket and other prediction markets for illegal activity. Now, however, the Commodity Futures Trading Commission, ...
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A ring of elite corporate lawyers were accused of illegally trading on inside info about blockbuster deals over a decade, using a bizarre code that referred to one merger as a “rabbi” as they raked in ...
Irish regulators have opened two investigations into Meta over whether the company is sufficiently complying with a European law requiring platforms to offer users alternatives to targeted algorithmic ...
The U.S. Senate has passed a resolution prohibiting senators from trading on prediction markets, following concerns about the possibility of insider trading on the platforms. The ban, which passed on ...
The U.S. Senate unanimously passed a rule barring senators from trading on prediction markets effective immediately. The move came amid concern about insider trading on prediction market platforms ...
Federal prosecutors on Thursday unsealed an indictment against a U.S. Army special forces soldier, accusing him of using his insider knowledge of the clandestine military operation to capture ...
A U.S. Army soldier has been accused of using classified information about the military operation to capture Venezuelan President Nicolás Maduro to place bets on the prediction market Polymarket, ...
Prediction market Kalshi said Wednesday that it had fined and suspended three political candidates for trading on their own races during primary campaigns. Subscribe to read this story ad-free Get ...
A new executive order seen by WIRED prohibits New York state employees from using insider knowledge to enrich themselves with prediction market bets. New York has banned state employees from using ...
Travis Gettys is a senior editor for Raw Story based in northern Kentucky. He previously worked as a web editor for WLWT-TV and a contributing writer for the Kentucky Enquirer, and he also wrote for ...
Two top researchers at Jump Trading Group are leaving the quantitative trading firm. Yiming Zhang and Darko Kirovski, who joined the proprietary trading firm in 2009 and 2011, respectively, resigned ...