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Insider trading concerns grow over political prediction markets ahead of the midterms
- Insider trading concerns grow over political prediction markets ahead of the midterms — A watchdog report found that markets on predictable political developments, such as candidate withdrawals and endorsements, have drawn more than 20 million dollars in trading volume, raising concerns that campaign insiders could trade on nonpublic information. Kalshi said it has suspended at least six candidates for betting on their own races and monitors trading for unusual activity. (TippInsights)
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