Prediction market platforms Kalshi and Polymarket have planned to launch new rules to curb insider trading and market manipulation as regulatory pressure from Capitol Hill boosts. The March 23 blog post includes the statement of Kalshi, which mentions that it has rolled out new screening tools to block potential candidates
ZachXBT, a blockchain sleuth, published its report on February 26, in which Axiom is a firm whose employees he believed had used non-public information to position profitable trades. The scrutiny had been teased for days, and Polymarket had made a contract permitting users to bet on which firm would be
A US court has allowed an insider trading lawsuit against Coinbase executives, including CEO Brian Armstrong, to proceed. The plaintiffs claim that the company’s executives sold their shares while in possession of non-public information about the potential risks to the company’s stock price due to regulatory issues. The case does
Nate has been profiting from this exclusive knowledge. His understanding of NFTs allowed him to buy many of them for profit. Nathaniel Chastain, a former OpenSea executive who resigned in September 2021, has been charged with insider trading. Because of his alleged involvement in insider trading with non-fungible tokens, Nate
