Congress hits Polymarket and Kalshi with a massive insider trading probe

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Cointelegraph - News 4 hours ago • cointelegraph.com

US House lawmakers launch probe into Kalshi, Polymarket insider trading

Representative James Comer asked CEOs of two major prediction market companies for information on their responses to insider trading after “suspiciously timed trades” related to US military actions against Iran.

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CoinDesk - All News 6 hours ago • coindesk.com

Congress hits Polymarket and Kalshi with a massive insider trading probe

Rep. James Comer is demanding internal records from the prediction market CEOs, warning that government employees could be using classified information to make “huge profits”.

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