Category Archives: Insider Trading
Prediction Market Insider Trading: What Federal Charges Look Like After United States v. Van Dyke
Following the landmark indictment in United States v. Van Dyke, federal charges for insider trading in prediction markets now mirror traditional white-collar prosecutions, utilizing a combination of wire fraud, commodities fraud, and the “misappropriation theory” to penalize the use of nonpublic information. Federal prosecutors and the Commodity Futures Trading Commission (CFTC) have signaled that… Read More »