
Polymarket Says It Probed 'Dozens' of Midterm Bets and Referred at Least Two to the CFTC
The prediction market's new intelligence chief says a 16-person team and an election surveillance system are hunting insider trading before the Nov. 3 vote.
Topic
20 stories from Planck Standard. Latest: October 27, 2026.

The prediction market's new intelligence chief says a 16-person team and an election surveillance system are hunting insider trading before the Nov. 3 vote.
WatchThe prediction market says the former congressman told his followers he was going to the State of the Union, then bet against himself. It is the first lifetime ban the company has ever issued.
Gabriel Perez had the speeches before the president delivered them. Kalshi's own surveillance system caught the pattern, froze more than $90,000 in his account, and referred him to federal regulators.

Regulators say Gabriel Perez allegedly used advance access to Trump's prepared remarks to win nearly $100,000 on Kalshi 'mention markets,' and is now in settlement talks with the CFTC.

President Trump granted a full and unconditional pardon to ex-Rep. Stephen Buyer of Indiana, who was sentenced to 22 months in prison for trading on confidential information about the T-Mobile-Sprint merger.

The former Indiana representative was found guilty in 2023 of trading stock related to two deals before they were made public.

Stephen Buyer, former Republican representative from Indiana, was convicted of trading stock related to deals before they were made public.
WatchThe disgraced former New York congressman, freed early after President Trump commuted his fraud sentence, is under Justice Department and CFTC scrutiny over tens of thousands of dollars in suspicious Kalshi bets, three people familiar with the trades say.
WatchFederal prosecutors say Michele Spagnuolo, a staff information security engineer, tapped Google's confidential "Year in Search" data to bet that the musician d4vd would be the platform's most-searched person of 2025 — the second insider-trading case to hit the prediction market in two months.

Federal regulators are turning to artificial intelligence to detect suspicious trading patterns as prediction markets gain mainstream adoption.

Justice Department and CFTC examine $2.6 billion in highly profitable futures trades placed just ahead of policy announcements.

Unanimous vote comes after several senators were caught betting on their own races and military outcomes.

Senators vote to prohibit betting practices after some users made hundreds of thousands of dollars by accurately predicting U.S. military actions.

The prediction market platform attempts to demonstrate compliance capabilities as a U.S. soldier faces charges for trading on classified information about Venezuela operations.

Special forces operative Gannon Ken Van Dyke allegedly used insider knowledge about the Venezuelan president's capture to make winning prediction market wagers.

Prediction market platform takes unprecedented action against candidates who placed bets on primary campaigns they were directly involved in.

Rep. Ritchie Torres sent a letter to federal regulators Thursday demanding an investigation into suspiciously timed prediction market trades tied to the Iran war, as a Harvard study estimates $143 million in likely insider profits since the conflict began.
Administration issues directive amid surge of suspiciously timed trades on oil and prediction markets before crucial conflict moments.

Concerns mount about potential misuse of classified military information on betting platforms, but federal oversight remains limited as prediction markets surge in popularity.

The BETS OFF Act targets government officials suspected of wagering on military actions they had advance knowledge of