The Man Betting on Insider Trading as Prediction Markets Boom

The well-timed and hugely profitable bets placed just before the ouster of Nicolás Maduro have sparked the latest and loudest uproar over insider trading on prediction markets — with lawmakers...

By Emily Nicolle · Bloomberg Markets

The well-timed and hugely profitable bets placed just before the ouster of Nicolás Maduro have sparked the latest and loudest uproar over insider trading on prediction markets — with lawmakers questioning whether some participants are acting on confidential knowledge.