The US is betting on AI to catch insider trading in prediction markets

For most of the past year, it looked like prediction markets had kicked off a new golden age of fraud. On Polymarket , traders raked in fortunes from suspiciously timed bets on geopolitical events like the raid on Venezuela and the Iran War. It wasn’t clear whether the US government would bother pursuing some of the most flagrant bad actors, since Polymarket’s crypto-based platform was technically offshore and not regulated or licensed within the country.