All posts tagged "Insider Trading"

Federal prosecutors were determining if prediction market bets have violated insider trading laws, according to a CNN report Monday.

The heads of the securities and commodities fraud unit in the U.S. attorney's office for the Southern District of New York reportedly met with Polymarket representatives to learn more about how existing laws could be interpreted as part of an investigation into possible misconduct.

Polymarket is one of the leading prediction betting platforms in the growing industry and follows the Department of Justice's inquiry over potential lucrative trades that happened around the capture and arrest of Venezuelan President Nicolás Maduro on Jan. 3. ...

The wild market fluctuations caused by President Donald Trump's tariff announcements raised questions Wednesday afternoon about the potential for insider trading.

Financial markets continued to free-fall Wednesday morning over Trump's tariffs for U.S. trading partners at an average rate of 29 percent. Trump posted on Truth Social, "THIS IS A GREAT TIME TO BUY!!! DJT"

After Trump announced that afternoon that he was issuing a 90-day reprieve on all tariffs except for those leveled against China, the Dow Jones Industrial Average jumped 2,500 points, while the Nasdaq surged 10%....

At least 62 members of 118th Congress have violated a federal insider trading and conflicts-of-interest law, a Raw Story analysis of congressional financial disclosures reveals.

Most of these violations involve failures to properly disclose stock trades as required by the Stop Trading on Congressional Knowledge (STOCK) Act of 2012. Some involve not abiding by the transparency and personal financial disclosure requirements first outlined in the STOCK Act's post-Watergate predecessor, the Ethics in Government Act of 1978.

ALSO READ: 8 ways convicted felon Donald Trump doesn't become president...

An insider trading investigation involving a merger between a Miami-based company Digital World Acquisition Corporation (DWAC) group and Trump Media & Technology Group Corp (TMTG) has exposed the nearly $23 million windfall pocketed by Russian-American businessman Anton Postolnikov, according to The Miami Herald.

Postolnikov owns a Caribbean bank servicing the porn industry and loaned $8 million to Trump's media company which is the parent of Truth Social, according to several news reports.

The Russian American owns homes on the exclusive Fisher Island and is the nephew of a former high-ranking Russian government official who served under Russian President Vladimir Putin, according to the outlet.
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By Aruna Viswanatha