House Republicans Launch Probe Into Kalshi, Polymarket Bets

House Republicans Launch Probe Into Kalshi, Polymarket Bets
news.spreely.com

House Republicans Launch Probe Into Kalshi, Polymarket Bets

The House Oversight Committee has opened a formal probe into prediction market platforms Kalshi and Polymarket, focusing on alleged insider trading, weak controls, and wagers tied to sensitive military actions. Committee Chair James Comer has demanded internal records, communications, and KYC procedures as lawmakers press these firms for accountability. The inquiry follows high-profile incidents that...