Making Financial Headlines · Page 10
Polymarket Hires an Insider to Keep Confidential Election Information Out of the Betting
· New York time
Polymarket has investigated dozens of election-related cases and hired a former FBI official to help prevent political insiders from profiting on confidential election information, NPR reports. The prediction market lets people trade on political outcomes, making access to nonpublic information a concern for the platform. Hiring oversight does not establish that every investigation found misconduct. It does reveal an awkward commercial ambition: a market selling opinions about elections must work to keep certain very well-informed opinions from becoming trades. Even a business built on prediction needs rules about who knows what.
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