Congress Takes Aim at Controversial Prediction Markets Amid War
Mint (Business)
Congress targets controversial prediction markets amid backlash over betting on military rescues. What does this mean for the future of speculative trading?
Congressman Seth Moulton slams Polymarket's betting on rescues.
Polymarket removes controversial market amid political backlash.
Legislation introduced to ban bets on military conflicts and elections.
Concerns grow over ethical implications of prediction markets.