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Polymarket and Kalshi Grapple With a New Era of Insider Traders

Prediction Markets Are Minting a New Type of Insider Trader Sites like Polymarket were built to price uncertainty. New data shows they might be rewarding privileged knowledge instead. By Denitsa TsekovaLeonardo Nicoletti July 20, 2026 In early February, Caden Booth, a 21-year-old TikToker, flew from Cincinnati to San Francisco and headed for the stadium where Super Bowl LX was taking place. He waited 12 hours, until he heard rehearsals for the national anthem begin. Stopwatch in hand, he t...

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