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60 Minutes Uncovers Surge in Insider Trading Linked to U.S. Military Conflicts

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Source: Mediaite
60 Minutes Uncovers Surge in Insider Trading Linked to U.S. Military Conflicts
Photo: Mediaite
TL;DR

60 Minutes reports that prediction markets are seeing a surge in insider trading around U.S. military actions, highlighted by the indictment of Master Sgt. Gannon Ken Van Dyke for allegedly profiting about $400,000 on Polymarket using non-public information; analysts identify a larger pattern, with nine linked accounts earning about $2.4 million on military bets and unusually high win rates on long-shot wagers, prompting questions about enforcement and legal risk.

Topics:businesspolitics#60-minutes#gannon-ken-van-dyke#insider-trading#military-conflicts#politics#polymarket
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  1. 60 Minutes Reveals Insider Trading on US Military Conflicts Is Exploding: ‘Luck Alone Can’t Explain The Numbers’  Mediaite
  2. Suspected insider accounts net $2.4 million on Polymarket Iran war bets with 98% win rate, firm finds  CBS News
  3. Dozens of Polymarket Bets Show Signs of Insider Trading, The Times Finds  The New York Times
  4. The US Is Using AI to Hunt Down Insider Trading on Polymarket  WIRED
  5. Prediction markets see surge in suspicious trades as popularity explodes  Reuters

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