Bobby Allen
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On the prediction market platform Cauchy, people bet on what MrBeast will say on his next stream, on how many subscribers he'll bring in this year, and on how many subscribers he'll bring in this year.
and even on when he'll get married.
But investigators at Cauchy noticed someone had near-perfect success at these wagers.
And that's because the person betting was an editor for Mr. Beast.
The trader was fined $20,000 and banned from the platform for two years.
Federal regulators say insider trading on sites like Cauchy and Polymarket is illegal and can be prosecuted.
Cauchy also fined a long-shot Republican candidate for governor of California who bet on himself, hoping to increase his real-world odds.
Election experts fear this kind of market manipulation could become common with the increased popularity of prediction markets.
On the prediction market platform Cauchy, people bet on what Mr. Beast will say on his next stream, on how many subscribers he'll bring in this year, and even on when he'll get married.
But investigators at Cauchy noticed someone had near-perfect success at these wagers.
And that's because the person betting was an editor for Mr. Beast.
The trader was fined $20,000 and banned from the platform for two years.
Federal regulators say insider trading on sites like Cauchy and Polymarket is illegal and can be prosecuted.
Cauchy also fined a long-shot Republican candidate for governor of California who bet on himself, hoping to increase his real-world odds.
Election experts fear this kind of market manipulation could become common with the increased popularity of prediction markets.
Defense Secretary Pete Hegseth told Anthropic CEO Dario Amadei that it would drop the AI company as a contractor unless it agreed to new terms.
Anthropic's popular chatbot Claude has been cleared for classified systems, but Amadei says the company has two red lines, that its products not be used for AI-controlled weapons or mass domestic surveillance.
According to a person familiar with the meeting, Trump officials told Anthropic they intend to consider the company a supply chain risk unless it decides to change course.