CryptoBearishWu Blockchain · Feb 276/102
⛓️Sam Bankman-Fried, the FTX founder serving a 25-year prison sentence, is seeking a presidential pardon from Donald Trump, while the White House has emphasized it will not grant such a pardon. The weekly roundup also includes Block's plan to lay off 4,000 employees and ZachXBT's exposure of insider trading activities.
CryptoBearishCoinTelegraph · Feb 276/105
⛓️Eight Polymarket wallets generated over $1.2 million in profits by betting on ZachXBT's investigation into Axiom, sparking concerns about potential insider trading in prediction markets. The suspicious trading patterns have drawn attention from blockchain researchers examining market manipulation tactics.
CryptoBearishCoinDesk · Feb 276/106
⛓️At least 12 wallets made over $1 million in profits by apparently insider trading on a Polymarket betting market about ZachXBT's investigation results before they were publicly announced. One trader achieved extraordinary returns, turning a $0.14 average entry into $411,000 in profit, highlighting potential market manipulation on prediction platforms.
GeneralNeutralBankless · Feb 256/105
📰CFTC-regulated prediction market platform Kalshi has disclosed details about two recent insider trading investigations it resolved, involving a political candidate and an editor for content creator MrBeast. The platform is providing transparency on how it handles insider trading violations in prediction markets.
GeneralBearishDL News · Feb 236/105
📰US Representatives are introducing legislation to prohibit government officials from participating in prediction markets, addressing concerns about potential insider trading violations. The regulatory response suggests growing scrutiny of prediction markets and their intersection with traditional financial regulations.
GeneralBearishDecrypt – AI · Mar 44/103
📰MrBeast video editor Artem Kaptur was fired from Beast Industries following a Kalshi investigation into alleged insider trading. The prediction market platform took action after Kaptur allegedly used inside knowledge about upcoming MrBeast YouTube videos for trading advantage.
GeneralBearishDecrypt – AI · Feb 264/105
📰Beast Industries has suspended an employee amid an internal investigation into allegations of insider trading related to Kalshi. CEO Jeff Housenbold confirmed the suspension while the company conducts its probe into the matter.
