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REGULATION | Insider Trading Risks Escalate on Prediction Markets as Enforcement Intensifies
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REGULATION | Insider Trading Risks Escalate on Prediction Markets as Enforcement Intensifies
Authorities in Israel have arrested and charged two people, a military reservist and a civilian, for allegedly using classified information to place bets on the prediction market, Polymarket, about Israel’s military operations against Iran. Prosecutors say the reservist obtained secret information during service and used it to inform trades, triggering charges that include security offences, bribery and obstruction of justice. Officials describe…
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