WASHINGTON, March 30 -- Sen. Elizabeth Warren issued the following press release:
U.S. Senator Elizabeth Warren (D-Mass.), along with Senators Amy Klobuchar (D-Minn.), Jeff Merkley (D-Ore.), Representative Maxine Waters, Representative Angie Craig (D-Minn.), and 37 other lawmakers, wrote to the Commodity Futures Trading Commission (CFTC) and the Office of Government Ethics (OGE) urging the agencies to address illegal insider trading in prediction markets by federal employees.
Since January, multiple incidents have prompted heavy concern about possible insider trading in prediction markets by federal employees. A Polymarket user made $400,000 by betting on the capture of Venezuela's former leader, Nicolas Maduro. Prediction market users pr...