Prediction Markets Face Insider Trading Concerns and Public Opposition

• Kalshi CEO defends prediction markets, stating they help identify bad actors amid insider trading concerns.
• StarkWare launches OffMarket for Polymarket users to trade privately without linking positions to their accounts.
• A Reuters/Ipsos poll reveals 60% of Americans oppose betting on election results through prediction markets.
• The poll found 13% support betting on election results, while 24% remain undecided or did not respond.
• The survey was released as the midterm elections approach, highlighting growing public concern.