An arrest of an IDF reservist for allegedly using insider information on a military wager on Polymarket shows the dark side of letting everyone bet on everything.
Prediction markets like Kalshi and Polymarket are well aware that they have an insider-trading problem. It’s inherent to their business model: When you make a website where anyone can bet on anything, there is going to be someone with some nonpublic … [1910 chars]
Source: New York Magazine | Published: 2026-02-12T17:32:04Z
Credit: New York Magazine
