U.S. lawmakers are proposing legislation to ban officials from engaging in "insider trading" through prediction markets
According to The Block, U.S. Representative Ritchie Torres plans to introduce the "Financial Prediction Markets Public Integrity Act of 2026," which would prohibit federal officials from participating in political prediction markets while in possession of material non-public information. The proposal stems from a Polymarket account that bet on Maduro’s ouster prior to the U.S. military raid that led to his arrest, generating over $400,000 in profits with an investment of just $32,500, sparking market concerns about insider trading. Total trading volume in prediction markets reached $44 billion in 2025.
Source:富途快讯 · Source Link
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