Prediction markets face scrutiny after bets on Iran strikes raise insider trading concerns
Tamara Ceaikovski
But regulating the sector presents challenges, given the use of cryptocurrencies and support from US President Donald Trump’s administration. SAN FRANCISCO: Prediction markets have seen a dramatic rise in popularity and influence, allowing people to win money on the outcome of real-world events like elections, sporting contests and even major geopolitical developments. But after traders appeared to profit from bets placed shortly before the United States and Israel launched strikes on Iran
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