60 Minutes Reveals Insider Trading Surge on US Military
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- 60 Minutes reported that insider trading on U.S. military conflicts is exploding, noting that luck alone cannot explain the betting numbers.
- CBS News highlighted that The Times uncovered dozens of Polymarket bets appearing to be based on insider information about U.S. military operations.
- Mediaite noted that online prediction market traders have earned millions by wagering on the outcomes of U.S. military actions.
Why it matters: Regulators must investigate the dozens of Polymarket bets flagged for insider trading, as the illicit gains of millions for traders erode market integrity and drive stricter oversight of prediction markets.
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