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Variety

Senators Ban Themselves From Prediction Markets as Insider Trading Concerns Grow

Senators Ban Themselves From Prediction Markets as Insider Trading Concerns Grow
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Senators voted on April 30 to restrict themselves from prediction markets as there is an increasing concern of insider trading by government officials, CNBC reports. The resolution was spearheaded by Ohio Senator Bernie Moreno, and immediately prohibits Senators and staff from the markets. The platforms, like Kalshi and Polymarket, are quickly growing in popularity as […]

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