There has been a flurry of activity, including some firsts, in the prediction markets arena – where users buy and sell event contracts tied to the outcome of real-world events. The Commodity Futures Trading Commission (CFTC) brought a complaint that, for the first time, alleges insider trading involving event contracts. The
Prediction marketplace shakedown: Insider trading charges and exclusive jurisdiction claims
For the first time in US history, a criminal case has been filed alleging insider trading on prediction markets.