It comes after someone made over $400,000 off of a well-timed trade on Polymarket, a competing prediction market platform.

Online sleuths have tried to uncover who placed a winning bet on the Venezuelan leader's arrest to no avail. Still, ...

Rep. Ritchie Torres' bill would ban government officials from making prediction market trades based on insider information.

Prediction markets leaked the Venezuela raid hours early. But that may be part of the point for places like Kalshi and Polymarket.

One trader made more than $400,000 betting on Venezuelan President Nicolás Maduro's downfall. But was the anonymous bettor a ...

Kalshi CEO Tarek Mansour said the company "is supportive" of a bill proposed by U.S. Rep. Ritchie Torres (D-New York) that would make it illegal for government officials to trade on inside information ...

House Democrat Ritchie Torres plans a bill to ban officials from trading on Polymarket/Kalshi using nonpublic info.