
The US Is Betting On AI To Catch Insider Trading In Prediction Markets
The CFTC says it is ramping up efforts to catch insider trading and market manipulation in prediction markets, using AI tools, blockchain tracing, and other surveillance systems to flag suspicious bets. It's also monitoring activity by U.S. traders accessing offshore platforms like Polymarket through VPNs. Wired reports: [T]he Commodity Futures Trading Commission, which oversees prediction markets, wants you to know that it's watching very, very closely. The agency is searching for suspicious behavior from traders within the United States who have been sneaking onto offshore markets, including Polymarket's crypto platform -- which is blocked stateside -- by using virtual private networks. "W...