If You Used Insider Knowledge to Score Big on Polymarket, You May Now Be in Huge Trouble

The CFTC says it will crack down on insider trading in Polymarket and similar prediction markets.

Chairman Michael Selig said the agency will use AI to flag suspicious activity and, if needed, pursue cases beyond U.S. borders.

The warning follows repeated allegations that traders profited from sensitive events involving Nicolás Maduro and Iran.

The move could deter illegal betting on politically charged events and affect how prediction markets operate in the U.S. and abroad.