๐บ๐ธ In the US, prediction markets will be tested for insider trading
๐ The U.S. House Oversight Committee has expanded its investigation into possible insider trading in prediction markets. Requests for disclosure of internal information were sent to Crypto.com, Hyperliquid, and PredictIt.
๐ The committee demanded data on mechanisms for detecting suspicious activity, identifying users, and platform interactions with regulators and law enforcement agencies.
โ๏ธ Separately, they will review a large short position on Hyperliquid opened before the U.S. announcement of new tariffs. PredictIt must provide data on officialsโ election betting, personnel appointments, and government decisions.
๐ The investigation began back in May with requests to Kalshi and Polymarket. Now authorities want to assess the scale of use of non-public information and possible measures against such practices.
๐ Trading on ByBit ๐ค Accelerating the deposit on Dragonfly
๐ฑ YouTube ๐ฑ TikTok
๐ The U.S. House Oversight Committee has expanded its investigation into possible insider trading in prediction markets. Requests for disclosure of internal information were sent to Crypto.com, Hyperliquid, and PredictIt.
๐ The committee demanded data on mechanisms for detecting suspicious activity, identifying users, and platform interactions with regulators and law enforcement agencies.
โ๏ธ Separately, they will review a large short position on Hyperliquid opened before the U.S. announcement of new tariffs. PredictIt must provide data on officialsโ election betting, personnel appointments, and government decisions.
๐ The investigation began back in May with requests to Kalshi and Polymarket. Now authorities want to assess the scale of use of non-public information and possible measures against such practices.
๐ Trading on ByBit ๐ค Accelerating the deposit on Dragonfly
๐ฑ YouTube ๐ฑ TikTok
