Story thread · 12 reports / 11 sources
US senators urge crackdown on wildfire betting amid warnings of arson risk
theguardian.com · 5d
How the coverage leans
Across 11 sources · syndicated copies counted once
Experts say growing trend on sites such as Polymarket and Kalshi could motivate people to start fires to win money A group of US lawmakers is sounding the alarm over prediction market platforms that allow users to bet on wildfires, as experts warn the emerging trend could raise the risk of arson. Democratic senators from six states sent a letter this week to the chair of the Commodity Futures Trading Commission (CFTC), an independent government agency regulating platforms such as Polymarket and Kalshi, urging it to rein in the practice. Continue reading...
First report: Democratic senators push CFTC to crack down on wildfire prediction markets over arson fears — cryptobriefing.com, 8d
The coverage
- Senators warn wildfire betting could push people to start fires
independent.co.uk · 5d
- Senators urge regulator to ‘crack down on prediction markets’ amid wildfire betting
therealnews.com · 6d
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