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2 hours ago

House Democrat bans staff from betting on prediction markets, citing ethics concerns

Democratic Rep. Seth Moulton of Massachusetts has implemented a policy to ban staffers from betting on prediction markets on issues pertaining to issues such as politics and any information obtained in an official capacity."Congressman Seth Moulton (MA-06) today became the first Member of Congress to institute an office-wide policy prohibiting staff from participating in prediction market platforms—such as Polymarket and Kalshi—to trade or hold positions on political, legislative, regulatory, geopolitical outcomes, or any information that is learned in an official capacity," a Wednesday press...

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