Reposted by @fozzy897.bsky.social
Under Trump, the CFTC has dropped investigations into Kalshi and Polymarket, announced its opposition to states’ attempts to regulate them, and made no moves to crack down on insider trading.
Donald Trump, Jr. is an advisor to both Kalshi and Polymarket.
Always follow the money.
rollingstone.com
Markets Watchdog Rolls Over Amid Iran Insider-Trading Allegations
The Commodity Futures Trading Commission is supposed to oversee prediction markets, where traders are cashing in on Dona