#insider-trading

#insider-trading

Under-regulated prediction markets have exposed America to needless public safety and national security risks by allowing traders to invest in outcomes related to sensitive matters like terrorism, assassination, war, or elections. Prediction markets also sponsor sports-related contracts against the wishes of many states, including Utah, that would otherwise prohibit these contracts if offered as traditional sports betting.

Last week Kalshi grabbed headlines when it announced via a blog post from head of enforcement Bobby DeNault that it had investigated and resolved two recent incidents of insider trading, including one tied to an individual (someone working as an editor for Beast Industries) who traded around $4,000 on MrBeast YouTube videos. Kalshi suspended this person, identified as Artem Kaptur, for two years, fined him around $20,000 and reported him to the Commodity Futures Trading Commission.

His boss shut the door and said they now needed "shorter-term opportunities to make money every month or we may not survive," which Tom now sees as the moment the scoreboard reset from three years to 30 days. "It was a very ambiguous message," he says, adding that he never asked, "Are we talking about what everybody else is doing or are we going to stay within the legal or ethical guardrail?"

A senior Democratic senator is calling for an investigation into potential insider trading by fossil-fuel billionaires close to the Trump administration, after a Guardian investigation raised questions about an unusual share buying spree. Robert Pender and Michael Sabel, the founders and co-chairs of Venture Global, a liquefied natural gas (LNG) company headquartered in Virginia, bought more than a million shares worth almost $12m each, just days after meeting with senior Trump officials in March.

Prosecutors allege that in 2024, the five suspects each sold large blocks of SoftwareOne shares before the company published two press releases that negatively impacted the share price. According to the Swiss public prosecutor's office, the suspects allegedly misused confidential information from the press releases. This allowed them to avoid financial losses of up to 2.49 million Swiss francs, equivalent to more than 3.1 million dollars.

10b5-1 trading plans were once offered mainly to the C-Suite and Board, designed to provide them with a structured and compliant framework for trading their company stock under the Securities and Exchange Commission's (SEC) Rule 10b5-1. Now, many companies are adopting a broader view of risk management that includes democratizing access to 10b5-1 trading plans. This is anchored in the reality that senior executives are not the only employee segment with access to sensitive information and equity compensation: Other roles often require working with MNPI.

UnitedHealth (NYSE:UNH) is a Dividend Aristocrat trading at 2018 prices after a slew of unfortunate events that caused it to plunge. The December assassination of CEO Brian Thompson rattled investors and triggered an internal succession scramble, followed immediately by a rare 1.2% earnings miss in Q1, a guidance withdrawal, and the group's CEO resigning.

On March 27, Sergio Gor, the Director of the White House Presidential Personnel Office, sold between $15,000 and $50,000 in Truth Social stock, not originally disclosed.

Chen and Zhen allegedly used confidential information to trade shares in companies just before major announcements that sent stock prices soaring, accruing over $1.9 million in profits.

The case centered on claims that Gilbert sold $500 million worth of Rocket stock while possessing insider knowledge of declining financial metrics.

Bitcoin's recent price volatility has been notably influenced by political statements, particularly those from Donald Trump, indicating a growing link between crypto markets and political events.