Prediction Markets Raise Insider Trading Fears

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CNN: “What will Vice President JD Vance say while campaigning Friday in Ohio? Will the Texas Senate candidates debate by this Thursday? And who else will get an endorsement from former President Barack Obama, who has been on endorsement spree this week?”“Unlike election outcomes, all of these political questions have knowable answers. Campaign staff and speechwriters are surely in the loop. And it’s now easier than ever to cash in on insider information through the massive expansion of prediction platforms like Kalshi and Polymarket, where people can bet on real-life events.”