Rep. Torres Moves to Ban Officials From Prediction Markets After Suspicious $400K Maduro Bet

Rep. Torres Moves to Ban Officials From Prediction Markets After Suspicious $400K Maduro Bet

Rep. Norma Torres proposes a bill to ban government officials from trading in political prediction markets using nonpublic information after a suspicious $400,000 bet on Maduro’s capture.

Polymarket Trader’s $400K Bet on Maduro’s Ousting Sparks Insider Trading Controversy

Polymarket Trader's $400K Bet on Maduro's Ousting Sparks Insider Trading Controversy

A Polymarket trader’s $400K bet on Maduro’s ousting has sparked a debate over insider trading in prediction markets, with industry figures arguing it’s a “feature, not a bug.” Lawmakers are increasing scrutiny as these platforms face growing regulatory challenges.