.jpg){kind=avatar}
The ouster of Nicolás Maduro has sparked an uproar over insider trading on prediction markets, with lawmakers questioning whether some participants are acting on confidential knowledge. Tre Upshaw has created a tool called Insider Finder, which monitors for large anomalous transactions on the prediction platform Polymarket and flags dozens of suspect moves made on the exchange every day.
“Obviously, in traditional markets it can be really damaging if you have that kind of information,” Upshaw said in an interview. “But with information markets, these are information oracles. Insider trading just accelerates the truth faster at the end of the day.”
More posts by Sarah Wolter
