Polymarket hit with congressional probe over classified-info betting claims
The U.S. House Committee on Oversight and Government Reform has opened an investigation into Polymarket and Kalshi over concerns tied to insider trading and wagers...
Tag : betting
XRP whale collects $224,500 betting on $1.40 through June
An XRP whale collected $224,500 in options premiums betting the token stays near $1.40 through June 26. Summary A large trader executed a short strangle...
US Senate bans itself from betting on prediction markets
The US Senate on Thursday unanimously approved a resolution banning its members and staff, who are often exposed to sensitive information, from using prediction markets....
Wisconsin Sues Prediction Markets Over Sports Betting Contracts
In brief Wisconsin Attorney General Josh Kaul has filed complaints targeting Kalshi, Polymarket, Robinhood, Crypto.com, and Coinbase over their prediction market offerings. The lawsuits seek...
Kalshi bans 3 US politicians for betting on their own election races
Two US congressional candidates and one sitting lawmaker have received fines and bans from Kalshi after they were found betting on the outcomes of their...
Kalshi Fines Meme Coin Candidate Mark Moran, Others for Betting on Their Own Elections
In brief Kalshi unveiled enforcement actions against three political candidates who had bet on their own elections. The individuals included one U.S. Senate hopeful in...
Prediction Markets Expect Prolonged Strait of Hormuz Disruption—And Oil Traders Are Betting Big
In brief Prediction markets show low confidence in a near-term recovery in the oil markets. Despite a ceasefire, shipping disruptions persist in the Strait of...
Gurhan Kiziloz drives $1.44b betting volume at Nexus International by independent execution
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Gurhan Kiziloz leads Nexus...