Popular prediction markets are now facing new ethical questions due to wagers related to the war in Iran. Concerns have been raised over the possibility of insider trading within these markets, as participants place bets on unfolding events tied to the conflict.
Democratic Representative Mike Levin recently joined “The Takeout” to discuss how lawmakers are addressing these issues. He explained the steps being considered to curb such wagers and ensure the integrity of prediction markets moving forward.
https://www.cbsnews.com/video/democrats-prediction-market-reforms-iran-war-wagers/