CFTC Top Cop Warns Against Insider Trading on Prediction Markets

A federal regulator said he's coming for insider traders in prediction markets

Bloomberg/Getty ImagesInsider trading on Kalshi, Polymarket and similar platforms is illegal, a regulator said.CFTC enforcement chief David Miller pushed back on the idea that insider trading is beneficial.He said he plans to hire more staff to bring cases.Insider trading on prediction markets is illegal and could get perpetrators sued or land them in prison, the top enforcement lawyer at the Commodity Futures Trading Commission said Tuesday.Dav…

CFTC Top Cop Warns Against Insider Trading on Prediction Markets

CFTC Enforcement Director Vows To Crush Prediction Market Insider Trading

The post CFTC Enforcement Director Vows To Crush Prediction Market Insider Trading appeared on BitcoinEthereumNews.com. WASHINGTON, D.C. – March 2025 – The U.S. Commodity Futures Trading Commission (CFTC) is launching a decisive crackdown on prediction market insider trading. New Enforcement Director David Miller has issued a stark warning, clarifying that federal laws apply fully to these digital platforms. Consequently, this move signals a maj…

CFTC signals enforcement action against insider trading in prediction markets

The top enforcement official at the Commodity Futures Trading Commission has issued a direct warning to traders operating in prediction markets, making it clear that insider trading rules will be enforced as scrutiny around the sector intensifies. Speaking at New…

CFTC Warns Prediction Market Insider Traders

The US commodities regulator’s chief enforcement director sent a cautionary message to prediction market insider traders on Tuesday, vowing that violators will face enforcement action. “We are aware of the speculation about insider trading,” CFTC enforcement director David Miller said at a panel at New York University on Tuesday. “We are watching.” “There’s a myth in mainstream media and social media that insider trading doesn’t apply in the pre…