Gate News bot message, an anonymous trader utilized a new wallet to place a $50.7K bet predicting Axiom would be accused of insider trading by @zachxbt, with odds standing at only 15.1%. This action sparked speculation regarding potential inside information. Following this bet, numerous traders joined in, driving Axiom’s odds higher than Meteora’s.
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Polymarket profit exceeds $1.8 million; an account purchase of $400k on the NBA Magic point spread bet to win against the Celtics
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Ruling sports betting contracts are derivatives! The U.S. CFTC blocks local enforcement efforts and pushes to take regulatory control of prediction markets
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