TORRES TARGETS PREDICTION-MARKET “INSIDER TRADING” AFTER MADURO TRADE

Summary from the TLDR Crypto newsletter

Rep. Ritchie Torres plans to introduce the Public Integrity in Financial Prediction Markets Act of 2026, which would bar federal elected officials, political appointees, and executive-branch employees from trading prediction contracts tied to government policy or political outcomes when they possess (or could reasonably obtain) material nonpublic information through their jobs. The push follows scrutiny around a newly created Polymarket account that reportedly turned ~$32.5K into over $400K by betting on Venezuelan President Nicolás Maduro being “out” by January 31, shortly before news broke that US forces had captured him.