According to federal prosecutors, Michele Spagnuolo made more than $1 million on the prediction market platform using confidential information about Google Search traffic.
CFTC chairman Michael Selig sat down with WIRED to discuss how the agency scours Polymarket and other prediction markets for illegal activity.
The master sergeant allegedly used classified intel to profit on the capture of Venezuelan president Nicolás Maduro, marking the first US arrest for insider trading on a prediction market.
Mark Moran, an underdog Senate candidate from Virginia, claims he wanted to get caught violating the prediction market platform’s rules.
A new executive order seen by WIRED prohibits New York state employees from using insider knowledge to enrich themselves with prediction market bets.
Available for free to any company that wants to use it, the “completely anonymous” app puts the pressure on porn sites and social media platforms to start blocking access by minors.
Democrats are demanding answers about Palantir and other surveillance firms powering Trump’s hardline immigration enforcement agenda.
Americans flocked to prediction markets last year. Now, it’s time to pay taxes on winnings. How do you do that? Great question.
The search for an age-verification system that protects user data may begin and end in the EU.
As the prediction market boom continues, backlash is growing, too, with Arizona filing criminal charges against Kalshi and public outcry after Polymarket traders threatened a journalist.