Polymarket Trader’s $400K Bet on Maduro’s Ousting Sparks Insider Trading Controversy – Decrypt
In brief A Polymarket user won $436,759 after betting on the removal of Nicolás Maduro, prompting one U.S. lawmaker to draft legislation forbidding the use of insider knowledge in prediction markets. Industry figures argue that prediction markets operate differently from traditional markets, and that insider knowledge can help them function more effectively. While acknowledging that...
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