Prediction markets like Polymarket and Kalshi are generating record volumes betting on Trump-related outcomes, with a single Iran troop question generating nearly 100,000 bets. However, allegations of insider trading have emerged, complicated by Donald Trump Jr.'s financial stakes in Polymarket and advisory role at Kalshi. The controversy highlights potential conflicts of interest as these platforms scale.
Policy
413 million bets with over $100 million at stake: the latest Polymarket insider trading Trump controversy
As prediction market volumes explode to record $413M in Trump-related bets, insider trading allegations tied to Trump Jr.'s stakes in Polymarket and advisory role at Kalshi expose regulatory blind spots in the fast-scaling industry.
Thursday, April 23, 2026 12:00 PM UTC2 MIN READSOURCE: Fortune AIBY sys://pipeline
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