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The US Securities and Exchange Commission has charged a former senior Bank of America investment banker with insider trading, alleging he disclosed confidential information about a major acquisition to a longtime associate who profited by $18.5 million.
Prediction market startup Kalshi recorded $27 billion in trading volume and attracted 3 million users during the 2026 FIFA World Cup, roughly double its initial projections, as the platform expands beyond sports into clinical trials and regulatory outcomes.
The White House has placed President Trump's teleprompter operator on unpaid leave after allegations emerged that he leveraged inside knowledge of Trump's speeches to place profitable bets on a prediction markets platform.
Malaysia's Court of Appeal has unanimously upheld a landmark insider trading judgment against former WCT deputy managing director Goh Chin Liong and Ara Holdings director Leong Ah Chai, affirming RM5.83mil in penalties.