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Congress Probes Polymarket and Kalshi Over Possible Insider Trading

Congress Probes Polymarket and Kalshi Over Possible Insider Trading

House Oversight Chair James Comer launched an inquiry into prediction markets Polymarket and Kalshi, requesting internal records from their CEOs. Lawmakers warned that government employees could be using nonpublic information to make large profits on the platforms.

Original headline

Congress hits Polymarket and Kalshi with a massive insider trading probe