House Republicans Open Investigation Into Kalshi, Polymarket Over Insider Trading

Decrypt Editorial

(02:37 PM UTC)

1 min read

In brief

House Republicans opened an insider trading probe into Kalshi and Polymarket over insider trading.
Rep. James Comer requested records tied to suspicious trades, KYC rules, and Iran- and Venezuela-related wagers.
The investigation follows recent scandals involving alleged insider bets on U.S. military actions.

The leader of the powerful House Oversight Committee announced Friday he has…

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