U.S. Lawmakers Launch Probe Into Kalshi and Polymarket Over Insider Trading Concerns

Story Highlights* U.S. lawmakers launched investigation into Polymarket and Kalshi over insider trading concerns recently.

  • Congress fears government officials could misuse non-public information to profit from prediction market trades.
  • House Oversight Committee requested records on identity verification, suspicious trades, and geographic restrictions from platforms.
KALSHI-14.25%
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