Observer on Telegram: “⚠️ UPDATE: Second bill targets insider trading o…”

Post #7075 3.66K Mar 28, 2026, 11:41 UTC

Observer ⚠️ JUST IN: US introduces bill to ban officials from prediction market trading U.S lawmakers introduced the bipartisan PREDICT Act, aiming to ban Congress members, the president, and senior officials from trading on political prediction markets. Will that…

⚠️ UPDATE: Second bill targets insider trading on prediction markets

The proposal covers the president, vice president, Congress members, and federal officials, restricting their activity on prediction markets.

Any wager above $250 must be reported within 30 days, including price, position, platform, and profit/loss, increasing transparency around insider trades.

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