Senators Warren, Curtis Press Kalshi and Polymarket on Election Insider Trading

Crypto Insight Summary: Sens. Elizabeth Warren and John Curtis have asked Kalshi and Polymarket to explain how they keep insiders out of election markets, giving the companies until Nov. 3, Election Day, to answer seven questions. The bipartisan letter cites candidates who bet on their own races and suspected wash trading on Polymarket’s election contracts.   Seven Questions […] Crypto Insight Analysis: Direction: Neutral Impact: No Impact Horizon: Short-term (1-3 days) Reasoning: U.S. scrutiny of election prediction markets has no direct impact on crypto assets.