
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.
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31 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.
An Oct. 20 memo names Polymarket and Kalshi and warns that bets on military outcomes can tip off foreign spies, months after a Special Forces soldier was arrested over Maduro-raid wagers.

Enforcement actions fell nearly 80% in 2025 at the agency overseeing hundreds of billions in weekly trading, and Sen. Elizabeth Warren asks whether the watchdog has been 'locked up somewhere back in the barn.'
The league wants a ruling before the season ends in January, saying delay brings consumer harm and risks to game integrity as at least 10 states fight the platforms.

Problem-gambling counselors say prediction markets have become a go-to outlet for self-excluded gamblers because Kalshi sits outside state gambling protections.
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.
The ruling directly contradicts a 3rd Circuit decision from April. About 20 states are already in court over prediction markets, and both sides now expect the Supreme Court.

The National Indian Gaming Commission's enforcement powers belong solely to its chairperson. That seat has been empty for seven months, and no one has been nominated.
Attorney General Letitia James and Gov. Kathy Hochul allege the federally regulated exchange operates without a state gaming license and let users under 21 place bets. Kalshi and Polymarket now clear roughly $24 billion a month, up from under $5 billion last September.

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.
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.

President commits to establishing CFTC authority over prediction markets while vowing to safeguard cryptocurrency sector from regulatory overreach.

The Commodity Futures Trading Commission purged its ranks and dialed back enforcement after Trump family invested heavily in the industries it regulates.

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

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.
The White House has warned staff against wagering on government decisions, but the president's family involvement with betting firms undermines his message.

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.

Platforms like Kalshi and Polymarket gain attention from investors and political observers, but experts warn the reality is more complex than promised.

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

A 20-count complaint alleging illegal gambling marks a major escalation in states' battle against the prediction market industry

State AG accuses platform of illegal gambling and election wagering, deepening a federal-state jurisdictional clash

Prediction market exchange faces its most serious legal threat yet as state escalates beyond civil action

The crypto wallet provider can now connect its users to regulated futures and event contract markets without registering as a broker

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