#insider-trading

#insider-trading

Professional athletes cannot bet on their own sport, including games in their league, to prevent insider trading. This rule is strictly enforced across major leagues.

The measure, known as Senate File 2494, is aimed at event-driven contracts and the online platforms where people buy and sell them. Lawmakers are pitching it as a way to bring structure and oversight to prediction-style markets that have grown exponentially in the past two years.

Robinhood UK President Jordan Sinclair stated that the company is very focused on market abuse and insider trading, emphasizing that not all prediction markets are offered to customers.

An email was sent to White House staff on 24 March, warning them against using insider information to place bets on prediction markets like Kalshi or Polymarket.

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?"