Happy now, Supreme Court? Getting what you wanted?
5. 🚔 Prediction market hammers drop
A trio of headlines captures the rapid-fire crackdown on prediction market insider trading after a series of controversial trades:
An Army special forces soldier, who was part of the Nicolás Maduro raid, was charged with making $400,000 by betting on the leader's downfall. The 38-year-old, stationed at Fort Bragg, was involved in planning and executing the Jan. 3 raid, beginning Dec. 8. The indictment says the soldier made 13 bets related to Maduro being toppled by Jan. 31. Read the indictment.
Kalshi fined and suspended three political candidates for trading related to their own election races. Go deeper.
"State employees are the latest targets of prediction market insider trading bans." — Business Insider
💬 President Trump lamented yesterday that "the whole world, unfortunately, has become somewhat of a casino."
🎬 Go deeper: Kalshi founders told "The Axios Show" they expect the feds to probe bad actors on their platform. Watch the clip.