Insider Trading

Markets Technology

Google Engineer’s $1.2M Polymarket Win Exposes Prediction Market Enforcement Gap

Federal charges against Michele Spagnuolo prove existing fraud laws can reach crypto-native platforms, but reveal why regulators lack surveillance infrastructure to detect insider trading before trades settle.

8 min read ·
Breaking Markets Technology

Federal Prosecutors Charge Google Engineer With Insider Trading on Prediction Markets

DOJ establishes new precedent treating aggregated search data as material non-public information in first prosecution targeting early access to trend analytics.

7 min read ·
Geopolitics Markets

CFTC Probes $2.6 Billion Oil Futures Spike Before Trump Iran Announcements

Regulators investigate whether material nonpublic information from government channels leaked to traders ahead of policy decisions that moved crude markets by double digits.

8 min read ·
Markets

Trump Promoted Palantir Stock on Truth Social After $630K Purchase, Raising SEC Disclosure Questions

Presidential endorsement of defense contractor followed unreported March acquisitions, exposing regulatory gaps in executive branch securities oversight.

7 min read ·
Markets

BigLaw Insider Trading Case Exposes Broken Information Barriers Across Elite M&A Firms

Federal prosecutors charge 30 people in decade-long scheme where transient lawyer exploited access controls at six top firms, generating tens of millions in illicit profits.

8 min read ·
Markets

Federal Prosecutors Charge 30 in Decade-Long Insider Trading Ring Involving Elite M&A Lawyers

DOJ alleges systematic exploitation of information barriers at white-shoe firms spanning 30 merger deals, exposing structural weaknesses in deal-making infrastructure.

6 min read ·
Markets

Regulators Struggle to Police Front-Running of Trump’s Market-Moving Posts

Over $500 million in suspicious trades ahead of presidential announcements expose enforcement gaps as agencies debate whether social media constitutes insider information.

7 min read ·
Geopolitics Markets

Crude Futures Surge Before Iran Ceasefire Reveals Gaps in Cross-Market Surveillance

$580 million in oil contracts traded in 15 minutes before Trump's announcement, alongside $600,000 in prediction market profits, exposing regulatory blind spots in geopolitical intelligence leaks.

7 min read ·
Geopolitics Markets

Crude Oil Trades 15 Minutes Before Trump’s Iran Announcement Trigger Insider Trading Probe

Approximately 6,200 futures contracts worth $580 million executed at 6:49 a.m. ET on March 23—before Trump posted about ceasefire talks—expose how thin premarket liquidity creates billion-dollar front-running windows for politically connected traders.

8 min read ·
Geopolitics Technology

Senators Target Prediction Market Trading by Federal Officials

Merkley and Klobuchar introduce legislation to ban government insiders from profiting on Polymarket and Kalshi, extending STOCK Act principles to a $60 billion market plagued by suspicious trades.

7 min read ·
AI

OpenAI Fires Employee Over Prediction Market Trading Using Confidential Information

The termination marks the first confirmed enforcement action by a major AI company against insider trading on cryptocurrency-based betting platforms, establishing a governance precedent as tech firms confront a regulatory vacuum.

7 min read ·
Markets

Kalshi Fines MrBeast Editor $20,000 in First Public Insider Trading Case

Artem Kaptur's 'near-perfect' bet record on YouTube content markets marks prediction platforms' first enforcement against a social media employee.

7 min read ·