Congress hits Polymarket and Kalshi with a massive insider trading probe

CoinDesk Staff

(03:27 PM UTC)

1 min read

Rep. James Comer is demanding internal records from the prediction market CEOs, warning that government employees could be using classified information to make “huge profits”.

The U.S. House Oversight Committee plans a probe into the largest prediction market platforms over suspicions that government employees could be exploiting classified information for personal gain.

Rep. James Comer, R-Ky.…

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