Trump wagers on prediction markets as he courts a growing industry
TL;DR Summary
NBC News reports that despite publicly criticizing gambling, Trump’s administration has moved to back prediction markets—planning a Truth Social launch via a Crypto.com deal—while his family remains tied to platforms like Polymarket and Kalshi; regulators such as the CFTC and DOJ have pursued actions in this space, though the White House says the moves are aboveboard.
- Trump embraced the gambling industry for decades. Now he's hedging his bet on prediction markets. NBC News
- Trump Says He Dislikes Prediction Markets. His Family Invests in Them. The New York Times
- Special Forces Sgt. in Polymarket Maduro raid bet case released; Kalshi says it blocked him CNBC
- DOJ arrests soldier who made $400,000 betting on Maduro's removal ABC News - Breaking News, Latest News and Videos
- Polymarket tries to show it can play by the rules NBC News
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