Rep. James Comer is demanding internal records from the prediction market CEOs, warning that government employees could be using classified information to make “huge profits”.

As the House faces growing calls to ban trading on prediction markets by members and staff, some are taking things into their own hands. When Rep. Seth Moulton, D-Mass., announced…

Congress is ramping up pressure on prediction markets like Kalshi and Polymarket over concerns of insider trading.

Committee chair James Comer has sent information requests to Polymarket and Kalshi CEOs, with subpoenas possible if the companies don't comply

The chair of the powerful House Oversight Committee has requested documents from Polymarket and Kalshi regarding insider trading and war-related markets.

House Oversight Chairman Comer probes insider trading on Kalshi and Polymarket, sending letters to both CEOs with a June 5 document deadline.

Rep. James Comer told CNBC that he is investigating how Kalshi and Polymarket prevent insider trading on their platforms.

Rep. James Comer is demanding internal records from the prediction market CEOs, warning that government employees could be using classified information to make “huge profits”.

A US House representative asked Polymarket and Kalshi on how the platforms “monitor suspicious trading activity to guard against insider trading.”

Rep. James Comer is requesting information from Kalshi and Polymarket on how the prediction markets guard against insider trading.

Prediction markets are under new scrutiny from Congress as lawmakers mull a ban on members betting on the platforms. The House Oversight and Government Reform Committee officially…

The investigation comes as lawmakers on Capitol Hill push competing proposals to regulate the prediction market industry.

Rep. James Comer investigates potential insider trading on Polymarket and Kalshi, demanding compliance records tied to trades using classified government info.

The US House Oversight Committee is investigating insider trading on Polymarket and Kalshi after suspicious trades linked to geopolitical events surfaced.

The US House Oversight Committee is investigating potential insider trading on Kalshi and Polymarket tied to geopolitical events including US military actions.

Rep. James Comer launches a House Oversight investigation into Kalshi and Polymarket over insider trading concerns tied to geopolitical events and classified info.