Polymarket is drawing WSJ scrutiny just as prediction markets hit $1.48B in open interest, signaling real growth and real regulatory heat. Useful forecasting tool or fancy gambling? In crypto, it’s often both—and that’s exactly why people are watching.
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Polymarket’s geopolitics market has topped $5 billion in volume, showing real demand for crypto prediction markets — but also raising fresh insider trading and manipulation fears. Big money, real signal, and the same old human greed.
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Kentucky is suing Kalshi and Polymarket, calling their sports-linked prediction markets illegal sportsbooks, not financial products. The case spotlights a growing state-vs-federal battle over who regulates event contracts and whether “innovation” is just betting in a nicer suit.
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A Manhattan federal court has set a Dec. 7 trial for Gannon Van Dyke, the active-duty U.S. Army soldier accused of using classified intelligence to profit from Polymarket bets tied to Venezuela and Nicolás Maduro. Trial date: Dec. 7 in Manhattan federal court Defendant: Gannon Van Dyke, 38, active-duty U.S. Army soldier Allegation: Used classified […]
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Congress is moving to ban lawmakers from trading on crypto prediction markets like Polymarket and Kalshi — and yeah, that should have happened a long time ago. Senate already approved a ban for senators and staff House may attach similar language to H.R. 7008 Polymarket and Kalshi support the move to boost legitimacy Enforcement is […]
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Polymarket is facing backlash after reports it spent more than $350,000 paying influencers to promote its betting odds on X without clearly disclosing the sponsorship. In a sector that already has a trust problem the size of a whale wallet, that kind of sleight of hand is exactly the sort of nonsense that keeps crypto […]
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The U.S. is starting to treat Bitcoin and crypto policy like something that might actually matter for the long haul. Treasury officials are signaling faster progress on a strategic Bitcoin reserve, Congress may finally get a real market structure bill this summer, and yet the market is still getting chewed up by leverage, whale flows, […]
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Donald Trump has jumped into the prediction markets fight, backing platforms like Kalshi and Polymarket while Washington and the states claw over who gets to regulate them. Trump backs prediction markets as part of America’s crypto push CFTC vs. state regulators is the core legal battle Kalshi and Polymarket are at the center of the […]
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Kalshi is turning up the pressure in Washington, backing a new lobbying group as prediction markets face a growing pile-up of legal, political, and regulatory threats. Kalshi backs Americans for Fair Markets Taylor Budowich joins as strategic advisor CFTC oversight is the main goal Congress is probing Kalshi and Polymarket State gambling fights are heating […]
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CFTC crypto oversight is under fresh scrutiny after a New York Times report said senior officials who raised concerns about prediction market firms were sidelined, investigated, and pushed out. The dispute reaches Polymarket, Crypto.com, and a Gemini affiliate, while a broader fight over prediction markets, crypto regulation, and federal versus state authority keeps getting messier. […]
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