Megan McCarty Carino

And, you know, another source that I spoke to at UCLA, law professor Andrew Verstein said there is a limit to where we want to actually have accuracy in these markets.

You know, do we want to...

put our soldiers at risk by having, you know, non-public information about war plans in the public sphere.

But Robin Hanson says, you know, OK, well, if we want to control that kind of information from being out there, then we should also control it from being out there in other information systems like journalism.

Right.

You know, I mean, these are sort of consumer facing platforms.

And I think with all of the kind of outrage that there has been publicly over over some of these trades, they have felt pressure to to make some moves.

And Kalshi particularly has partnered with a third party integrity monitoring company.

It's actually a company that works with legal sports betting books.

to make sure that, you know, there's not fraudulent activity happening in sports betting.

And so they keep a list of insiders, sports players, politicians, government officials, anyone who has been, you know, accused of any kind of fraudulent activity.

And they're using that to screen out potential insiders for these markets.

Polymarket has sort of broadened their

definition of what insider trading is.

They have banned anyone with any kind of information that is confidential or anyone who could influence the outcome of events with their own actions.

They have banned from betting on PolyMarket.

PolyMarket is in the process of becoming a licensed

futures market like Kalshi is, but it also has an offshore operation, which is actually where these sort of suspect bets have been happening.

Kalshi is totally in the U.S.

In their U.S.