Sign in Subscribe

commodity futures trading commission

Green Beret pleads not guilty to betting on his own mission

(The Center Square) – A U.S. Army Special Forces soldier who allegedly used classified military intelligence to place winning bets on a prediction market platform pleaded not guilty Tuesday in Manhattan federal court. Prosecutors say the case represents the first-ever insider trading prosecution involving event contracts, and one that

Soldier's insider trading case puts prediction markets to the test

(The Center Square) – An alleged attempt by a U.S. Army Special Forces soldier to profit from classified military intelligence on a prediction market platform has resulted in the first-ever insider trading case involving event contracts – a legal milestone that comes at a critical juncture for Polymarket and the

Federal-state showdown looms over regulation of prediction markets

(The Center Square) – The federal government is telling states to back off attempts to regulate prediction markets after several states took legal action to block the federally regulated markets from operating in their states. At the center of the dispute is whether states or the federal government should have the