#insider-trading

#insider-trading

Scarborough warned that those making quick profits from insider knowledge of Trump's decisions are likely to face consequences from the SEC, stating, 'There are a lot of stupid people that are thinking... we can trade on inside information.'

Kalshi is launching new technological guardrails that preemptively block politicians, athletes, and other relevant people from trading in certain politics and sports markets.

Kalshi is rolling out a fresh set of guardrails for its sports and political betting markets, introducing measures to preemptively block politicians, athletes, and other relevant people from trading in certain markets.

I AM PLEASED TO REPORT THAT THE UNITED STATES OF AMERICA, AND THE COUNTRY OF IRAN, HAVE HAD, OVER THE LAST TWO DAYS, VERY GOOD AND PRODUCTIVE CONVERSATIONS REGARDING A COMPLETE AND TOTAL RESOLUTION OF OUR HOSTILITIES IN THE MIDDLE EAST.

Last week Kalshi grabbed headlines when it announced via a blog post from head of enforcement Bobby DeNault that it had investigated and resolved two recent incidents of insider trading, including one tied to an individual (someone working as an editor for Beast Industries) who traded around $4,000 on MrBeast YouTube videos. Kalshi suspended this person, identified as Artem Kaptur, for two years, fined him around $20,000 and reported him to the Commodity Futures Trading Commission.

His boss shut the door and said they now needed "shorter-term opportunities to make money every month or we may not survive," which Tom now sees as the moment the scoreboard reset from three years to 30 days. "It was a very ambiguous message," he says, adding that he never asked, "Are we talking about what everybody else is doing or are we going to stay within the legal or ethical guardrail?"

A senior Democratic senator is calling for an investigation into potential insider trading by fossil-fuel billionaires close to the Trump administration, after a Guardian investigation raised questions about an unusual share buying spree. Robert Pender and Michael Sabel, the founders and co-chairs of Venture Global, a liquefied natural gas (LNG) company headquartered in Virginia, bought more than a million shares worth almost $12m each, just days after meeting with senior Trump officials in March.

Prosecutors allege that in 2024, the five suspects each sold large blocks of SoftwareOne shares before the company published two press releases that negatively impacted the share price. According to the Swiss public prosecutor's office, the suspects allegedly misused confidential information from the press releases. This allowed them to avoid financial losses of up to 2.49 million Swiss francs, equivalent to more than 3.1 million dollars.

Lewis pleaded guilty in January 2024, saying he knew that sharing nonpublic information, which he had learned from corporate boardrooms about publicly traded companies, with others who then bought stock in those companies was wrong. At the time of the plea, he was free on $300 million bail. According to prosecutors and an indictment, Lewis shared the secrets with friends, employees and romantic interests from 2019 to 2021, urging them to profit from the tips.