US House Oversight Committee launches investigation into insider trading on prediction markets
The US House Oversight Committee has initiated an investigation into potential insider trading on prediction markets Kalshi and Polymarket. The inquiry focuses on suspiciously timed bets related to US military actions and geopolitical events. This investigation may lead to significant regulatory changes in the prediction market industry.
- ▪The investigation was launched on May 22 by Committee Chairman Rep. James Comer.
- ▪The committee is examining large bets that seem to have been placed with prior knowledge of major geopolitical events.
- ▪Allegedly suspicious trades have resulted in profits exceeding $1 million from specific contracts tied to key events.
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US House Oversight Committee launches investigation into insider trading on prediction markets Kalshi and Polymarket face congressional scrutiny over suspiciously well-timed bets tied to US military actions and geopolitical events. Share Add us on Google by Editorial Team May. 22, 2026 window.sevioads = window.sevioads || []; var sevioads_preferences = []; sevioads_preferences[0] = {}; sevioads_preferences[0].zone = "01f21ccf-2092-46b1-9ac7-8c44cc782e0f"; sevioads_preferences[0].adType = "native"; sevioads_preferences[0].inventoryId = "c5700508-581b-472c-8fdd-a931cdbfc8e1"; sevioads_preferences[0].accountId = "1e47efc1-ec2d-4fca-a8b9-354e249e5095"; sevioads.push(sevioads_preferences); The US House Oversight and Government Reform Committee has opened a formal investigation into potential…
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