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CFTC Chair Reveals AI Technology Deployed to Monitor Insider Trading on Polymarket

GateNews

Enforcement Actions Prediction Market AI Industry News

2026-05-16 09:51:24

POLYMARKET-8.63%

According to WIRED reporting on recent disclosures, CFTC Chair Michael Selig revealed the agency has deployed artificial intelligence technology to monitor insider trading on Polymarket and other prediction markets.

The move follows multiple suspected cases over the past year where traders appeared to use inside information to profit from bets on geopolitical events. Earlier, a U.S. special forces soldier was arrested for allegedly using classified intelligence to profit from bets on Venezuela-related events on Polymarket, marking the first criminal insider trading case in the prediction market space.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

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