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April 9, 2026

White House warns staff against insider trading on prediction markets

  • The White House warned staff against using nonpublic information for betting on prediction markets, emphasizing the seriousness of insider trading violations.
  • Recent trading activity related to the Iran war has raised concerns, prompting calls for investigations into potential insider trading by government officials.
  • Legislation is being proposed to regulate prediction markets and prevent insider trading, with bipartisan support in Congress.