Maduro Bet Puts Prediction Markets Under the Microscope

1 min read
Source: AP News
Maduro Bet Puts Prediction Markets Under the Microscope
Photo: AP News
TL;DR Summary

An anonymous trader earned over $400,000 on Polymarket by betting Maduro would be ousted, just hours before a nighttime raid was announced, fueling scrutiny of insider trading risks in 24/7 prediction markets. The piece explains how these markets work, their volatile yet growing use, and the regulatory landscape in the U.S. with competitors like Kalshi and calls for tighter rules.

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