'Information leakage to our adversaries': When prediction markets spiral out of control
A US Army soldier has been indicted on Thursday for using classified military intelligence to place winning bets on former Venezuelan leader Nicolas Maduro's capture.
This is the latest and most explosive case in a growing pattern of insider trading on prediction markets such as Polymarket and Kalshi.
Soldier arrested for Maduro bets
- U.S. soldier accused of using insider information to bet on Maduro's ousting 📹 ABC News —
- US soldier involved in Maduro capture 'won $400,000 by insider betting' ITV —
- U.S. soldier arrested for allegedly using insider information to make bets on Maduro removal CBS News —
- U.S. soldier charged with using classified Maduro raid intel to win $400,000 on a prediction market Quartz —
- US soldier charged over prediction market bets tied to Maduro capture 📹 Reuters —