Federal prosecutors in Manhattan are exploring whether certain lucrative bets placed on prediction markets have violated insider trading and other laws, multiple sources told CNN.
The New York Attorney General (“NYAG”) recently announced a civil insider trading action against the former chief executive officer of a biopharmaceutical company (the “Company”) and a parallel ...
Federal regulators are investigating the embattled Houston oil company Sable Offshore over allegations its chief executive shared insider information, the company said Tuesday in filings with the ...
Just before Nicolás Maduro was deposed, an anonymous trader purchased an event contract on a prediction market wagering that the Venezuelan leader would be out of power by the end of January. The ...
After a series of suspiciously timed, highly lucrative bets, federal prosecutors have begun exploring whether insider trading laws are being broken via prediction markets. A handful of users have been ...