Polymarket Reverses Course on Startups That Piggyback on Insider Trades

Polymarket was already under pressure to curb insider trading when it launched a program late last year to support startups that sent trades to its prediction market.

Those companies quickly began handing suspected insider trading accounts to their own customers, letting them copy those trades.

Now Polymarket has launched an audit of those startups.

Among them are Kreo, which promises to help users “find insiders before the rest,” and Polycool, which offers a “guide to Polymarket insider trading” on its website.