Polymarket has referred nearly 100 suspicious crypto wallets to law enforcement as the prediction market platform expands its monitoring of possible insider trading.
Summary
- Polymarket referred nearly 100 suspicious wallets to authorities as insider-trading concerns grew across prediction markets.
- Bloomberg analysis found about $200 million in flagged trades, concentrated heavily in geopolitical prediction markets.
- Recent prosecutions involving Venezuela and Google-linked wagers have increased scrutiny of nonpublic information misuse cases.
The referrals come as a Bloomberg analysis of Polysights data found that about $200 million in Polymarket trades during the…
