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Suspicious Betting in Washington Is on the Rise—and Authorities Are Playing Catch-Up

  • Regulators are inquiring about suspicious betting on prediction markets, including a U.S. Army soldier charged with misusing confidential information.
  • The Justice Department and Commodity Futures Trading Commission are steering probes into wagers tied to political events or military operations.
  • Manhattan U.S. Attorney Jay Clayton criticized prediction markets for failing to keep records aiding law enforcement in catching wrongdoing.

 
 

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