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Second prediction market insider trading case targets Google employee
Photo: Smith Collection/Gado/Getty Images Marking the second recent US insider-trading case tied to prediction markets, the DOJ and Commodity Futures Trading Commission (CFTC) brought parallel actions against a Google software engineer accused of using confidential internal information to make about $1.2m trading on Polymarket.
WMHW Alert: SEC Chair Paul Atkins Signals Regulatory Shift
Walden Macht Haran & Williams LLP More WMHW is a New York-based boutique law firm specializing in white-collar defense, investigations, complex commercial disputes, monitorships, and corporate compliance.
WMHW Alert: CFTC Chair Caroline Pham Signals Greater Freedom From Enforcement For Digital Assets
In a recent announcement, Acting Chair Caroline Pham confirmed that the CFTC will align itself with other federal regulators by focusing primarily on fraud and limiting the use of novel legal theories in enforcement, particularly in the digital asset space.
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