Techub News reports that U.S. Representative Ritchie Torres plans to introduce the "2026 Financial Prediction Market Public Integrity Act," which would prohibit federal officials from participating in political prediction market trading when they possess significant non-public information. The proposal was prompted by a Polymarket account that bet on Maduro's ousting before the U.S. military raid that led to his arrest, earning over $400,000 in profit from an investment of only $32,500, raising concerns about insider trading. The total trading volume of prediction markets in 2025 reached $44 billion.
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Techub News reports that U.S. Representative Ritchie Torres plans to introduce the "2026 Financial Prediction Market Public Integrity Act," which would prohibit federal officials from participating in political prediction market trading when they possess significant non-public information. The proposal was prompted by a Polymarket account that bet on Maduro's ousting before the U.S. military raid that led to his arrest, earning over $400,000 in profit from an investment of only $32,500, raising concerns about insider trading. The total trading volume of prediction markets in 2025 reached $44 billion.