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CFTC Chair Reveals AI Technology Deployed to Monitor Insider Trading on Polymarket

GateNews
Enforcement ActionsPrediction MarketAI Industry News
POLYMARKET-11.43%

According to WIRED reporting on recent disclosures, CFTC Chair Michael Selig revealed the agency has deployed artificial intelligence technology to monitor insider trading on Polymarket and other prediction markets.

The move follows multiple suspected cases over the past year where traders appeared to use inside information to profit from bets on geopolitical events. Earlier, a U.S. special forces soldier was arrested for allegedly using classified intelligence to profit from bets on Venezuela-related events on Polymarket, marking the first criminal insider trading case in the prediction market space.

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