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Why has only 1 insider trading case been filed in prediction markets? Feds just getting started

New York Post·Charles Gasparino·18 days ago
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“Stay tuned.” That’s what US regulators are telling On The Money when asked about the notable lack of enforcement cases filed over suspicious trades in the futures and prediction markets surrounding big news events in the Iran war and elsewhere. So far, there has been exactly one case — filed by the Department of Justice and the Commodities Futures Trading Commission against a US Army intelligence officer who allegedly used his insider knowledge of the capture of Nicolas Maduro to bag $400,000 on Polymarket . “Stay Tuned.” That’s what US regulators are telling On The Money when asked about the notable lack of enforcement cases filed over suspicious trades in the futures and prediction markets Jack Forbes / NY Post Design Be patient, I am told — others are in the works.…

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