BLOOMBERG LAW · 2026-10-29 16:54 UTC

Warren, Curtis Press Kalshi, Polymarket on Election Wagers

Senators Elizabeth Warren (D-Mass.) and John Curtis (R-Utah) sent a letter to Kalshi and Polymarket CEOs expressing concerns about insider trading prevention on midterm election wagers. The senators questioned the legitimacy of election bets and criticized the companies' avoidance of consumer protection enforcement regimes. The letter follows reports of troubling conduct on prediction markets related to elections.

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