Bobby Allyn
Stories
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U.S. soldier charged with using classified information to bet on Maduro's removal
It's the first time suspected insider trading on Polymarket has led to criminal charges in the U.S.
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French police probe suspected weather device tampering after odd Polymarket bet
The incident is the latest eyebrow-raising bet on Polymarket, as allegations of rigging and manipulation continue to haunt the popular prediction market site.
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A Polymarket trader made $300,000 betting on Biden's pardons, a new analysis shows
In the final hours of President Biden's term, an anonymous prediction market trader placed lucrative bets on who would be pardoned even as the odds were nearly zero.
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Trump administration sues three states over attempts to regulate prediction markets
The suits are the most ambitious effort to date that the Trump administration has gone to try to override state laws and set the rules for the fast-growing and increasingly divisive betting industry.
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Jury orders Meta and Google to pay woman $3 million in social media addiction trial
The verdict marks the end of the first-ever jury trial over whether tech giants should be held accountable for social media addiction. It may influence the outcome of 2,000 other pending lawsuits.
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Arizona AG files criminal charges against Kalshi over 'illegal gambling'
Arizona is the first state to allege the prediction market company has committed criminal violations, accusing it of running an unlicensed gambling operation.
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Anthropic sues the Trump administration over 'supply chain risk' label
The Pentagon told suppliers they can't use Anthropic's artificial intelligence tools after the company said it would not let its tech be used for autonomous weapons and mass domestic surveillance.
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2 young billionaires are behind the prediction market boom. They hate each other
The 20-something billionaires who run Kalshi and Polymarket are battling it out to be the top prediction market company. Observers and former insiders say the feud is just heating up.
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Prediction market trader 'Magamyman' made $553,000 on death of Iran's supreme leader
It's the latest trade drawing scrutiny on the popular prediction market site for appearing to show an insider making profits on military secrets.
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Kalshi reveals insider trading case against editor for MrBeast
With prediction markets booming, so have concerns about insider trading. Now, Kalshi has disclosed its first public actions against accounts suspected of trading on confidential information.
