Who is Michael Selig? Meet the Trump administration's prediction market regulator

Tech Insider : Politics, Business, Crypto
CTFC Chairman Michael Selig
Michael Selig, the chairman of the Commodity Futures Trading Commission, at a confirmation hearing in November.

Andrew Harnik/Getty Images

Kalshi says it's punishing its first insider trader: a MrBeast staffer

Tech Insider : Business
A photo of a person holding a phone with Kalshi's logo on it, with the word

Nikolas Kokovlis/NurPhoto via Getty Images

Nevada sues Kalshi as federal regulators say back off

Tech Insider : Business, Sports
Kalshi's website viewed through a magnifying glass.
Kalshi's website

Thomas Fuller/NurPhoto via Getty Images

The sole federal regulator over prediction markets says it's easing off

Tech Insider : Business, Crypto, Sports
CFTC chairman Michael Selig, wearing glasses in a blue suit, speaking into a microphone.
CFTC chairman Michael Selig

Andrew Harnik/Getty Images

The best way to win on prediction markets: insider information

Tech Insider : Politics, Business, Economy
Photo collage showing Venezuela's President Nicolás Maduro, U.S. President Donald Trump, and a smartphone displaying Polymarket, alongside a hand sliding a note.

Juan Barreto/AFP via Getty Images; Mateusz Slodkowski; Alyssa Powell/BI

The whole economy is a casino. Businesses like Kalshi, Polymarket, and FanDuel are cashing in.

Tech Insider : Economy, Business, Crypto
A person holding playing cars that have

Getty Images; Tyler Le/BI

A group of Wall Street banks have been fined $549 million for using WhatsApp and other messaging apps to discuss business

Tech Insider
whatsapp logo holding phone

Jonathan Raa/NurPhoto via Getty Images

Investors beware — the Great Fraud Reckoning is upon us

Tech Insider : Economy, Politics
A hand knocking over a line of dominos leading to a house of cards
The tough stock market will push some companies to paper over their weak performance by resorting to fraud.

Tyler Le/Insider

Sam Bankman-Fried was just the start

Get ready for what will feel like an inescapable wave of corporate fraud.

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