Rep. Comer Targets 3 Platforms in Expanded Prediction Market Probe
House Oversight Chairman James Comer has expanded Congress’s prediction market insider trading investigation to Hyperliquid, Crypto.com, and Predictit, demanding records by Oct. 13. The inquiry follows allegations that a U.S. Army master sergeant earned more than $409,000 betting with classified intelligence on Polymarket. Lawmakers are also examining a suspiciously timed $1.1 billion leveraged crypto trade […]
Key Takeaways
- House Oversight Chairman James Comer has expanded Congress’s prediction market insider trading investigation to Hyperliquid, Crypto.com, and Predictit, demanding records by Oct.
- The inquiry follows allegations that a U.S.
- Army master sergeant earned more than $409,000 betting with classified intelligence on Polymarket.
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Web3
Ethereum Gets Another Privacy Boost as Aztec Brings Back zk.money
Aztec Labs relaunched its self-custodial zk.money wallet on Aztec Network, letting users make private stablecoin payments using readable tags.
Sequoia, Tiger Global Circle Kalshi in Fresh $1B Funding Talks: Report
Prediction-market operator Kalshi is reportedly negotiating a fresh $1 billion funding round at a $40 billion valuation, an eightfold increase from its $5 billion valuation in October 2025. Reuters reported on Tuesday that Sequoia Capital and Wellington…
Will the Fed Raise Interest Rates in October? Key Signal Arrives
NY Fed's Williams says no rush on an October rate hike, cutting odds to 51.5%. Here is what it means for Bitcoin. The post Will the Fed Raise Interest Rates in October? Key Signal Arrives appeared first on BeInCrypto.