Wu Blockchain (@WuBlockchain): According to Business Insider, New York Democratic Representative Ritchie Torres plans to introduce legislation that would bar federal officials from…
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According to Business Insider, New York Democratic Representative Ritchie Torres plans to introduce legislation that would bar federal officials from trading on prediction markets when they possess nonpublic information obtained through their official duties. The report adds that Polymarket currently has no explicit ban on insider trading, while rival platform Kalshi enforces such restrictions. https://www.businessinsider.com/ritchie-torres-insider-trading-ban-polymarket-government-officials-maduro-venezuela-2026-1