2026-01-06 07:29:44

U.S. lawmakers are cracking down on potential conflicts of interest in the prediction market space. Rep. Torres has introduced new legislation aimed at preventing federal officials from leveraging non-public information for trading on prediction platforms—a move sparked by recent controversy involving alleged insider bets related to Venezuelan geopolitical developments. The proposal targets a gap in existing regulations where government officials might gain unfair advantages through early access to confidential information before it becomes public. This development signals growing regulatory scrutiny of prediction markets as they expand in popularity and trading volume, particularly when institutional players and government actors engage with these platforms.

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DAOdreamer

· 01-06 22:37

Really? Officials are engaging in insider trading in the prediction markets... This套路 is getting more and more outrageous. --- They want to plug the loopholes again, but this is basically admitting they haven't been able to control it in the first place. --- The incident in Venezuela really exposed everything. Now they finally remember to prevent it? --- Prediction markets are inherently opaque, and with powerful figures involved... regulation is probably useless. --- So government officials can just play this game more than ordinary people? Legislation is always a case of after-the-fact armchair strategizing. --- This move clearly shows that institutions and authorities have long been harvesting the profits.

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SerumDegen

· 01-06 07:59

lmao insider trading in prediction markets? bro this is just the alpha leak we all saw coming... govs finally getting caught with their hands in the cookie jar fr fr

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ser_ngmi

· 01-06 07:58

Another bill to plug the loopholes. Government officials really dare to mess around with prediction markets.

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InscriptionGriller

· 01-06 07:46

Ha, coming to block the loopholes again? It's too late; the smart money has long been fully invested. --- This is what you call "easy to get on the train, hard to get off." Once the bill passes, the real show begins. --- The insider trading in Venezuela was textbook level, a living example of bureaucratic capitalism. --- After the prediction market became popular, the power elites' little tricks can't really be hidden. They still need a cover to cut the leeks. --- Instead of legislation, ask yourself: is this loophole genuinely unknown or just pretending not to know? --- When regulation arrives, it means the ceiling has been reached; those who need to run have already run. --- Basically, it's about writing obvious matters into law; no one can spit out what they've already swallowed. --- Prediction markets, in the end, cannot escape the fate of being tamed. --- Wait, can this legislation really close the loophole? I think they'll just switch disguises and keep going. --- From insider trading to regulatory frameworks, in this process, who is the real winner? Uh... no need to guess.

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SoliditySurvivor

· 01-06 07:39

This is getting interesting. Government officials also want to make a quick buck in prediction markets? Truly impressive. --- Regulation and vulnerabilities at the same time. Why didn't you close the loopholes earlier? Now you're only reacting? --- Insider trading has been played out for a long time. Switching to a new platform to continue, right? --- Will Torres's proposal work? I remain skeptical... --- Basically, officials getting caught making dirty money in prediction markets. --- Prediction markets are originally information games. Now they want to regulate them? That's a bit awkward. --- Trading confidential information in advance—this move is truly brilliant. --- Regulators are here. Can prediction markets still be played? Feels like it's going to change flavor. --- The authorities finally can't sit still. Who's really making big money here? --- With such obvious vulnerabilities, why didn't anyone act before?

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