News & Updates
The latest news and updates from companies in the WLTH portfolio.
Polymarket Promo Code COVERS: Get $50 Trading Bonus for SMU vs. Florida State
Get a $50 Polymarket promo code bonus with code COVERS. Trade on SMU vs. Florida State Monday night with this prediction market offer. New users can claim a $50 trading bonus when they sign up with the Polymarket promo code on Sept. 7. A code is required to unlock this offer, and you'll need to use COVERS during registration. The bonus applies to trading on any event, including the SMU vs. Florida State matchup on Monday night. Among the best prediction market apps, Polymarket lets you trade on sports outcomes and more with your welcome bonus. Polymarket promo code details How the Polymarket Promo Code Works The Polymarket promo code offer requires you to deposit at least $10 to qualify for the $50 bonus. You must enter COVERS when creating your account to activate the promotion. Once verified and funded, your account will be credited with the bonus amount, which you can use to trade on the SMU vs. Florida State game or any other available market. Here are the key terms and conditions for this offer: * Available in most U.S. states except Nevada * You must be physically located in an eligible state * Identity verification is required before trading * Minimum deposit of $10 to claim the bonus * Bonus funds can be used to trade on any Polymarket event For example, if you deposit $10 and receive your $50 bonus, you'll have $60 in buying power to trade on whether SMU or Florida State wins on Monday. If your trades settle in your favor, you keep your winnings. If your positions move against you, your account balance reflects those outcomes. To explore all available promotions and compare offers, check out the best prediction market promos available today. Get our SMU vs. Florida State picks You can find the latest SMU vs. Florida State picks at Covers. Use the correct Polymarket promo code for your state How to Claim Your $50 Polymarket Bonus Follow these steps to sign up and start trading on the SMU vs. Florida State game with your welcome bonus: Polymarket is one of the leading prediction market platforms, offering competitive odds and a wide range of trading opportunities across sports, politics, and more. Pages related to this topic
Polymarket Promo Code COVERS: Get $50 Trading Bonus for Louisville vs. Missisippi
New to prediction markets? The Polymarket promo code COVERS unlocks a $50 trading bonus when you deposit $10 by Sept. 6. This welcome offer lets you trade on Louisville vs. Mississippi and other events across the best prediction market apps. A code is required to claim this bonus. Polymarket promo code details How the Polymarket Promo Code Works The Polymarket promo code COVERS is your gateway to $50 in trading credit. To qualify, you must register a new account, complete identity verification with a government-issued ID and selfie, and deposit a minimum of $10 using debit card, bank transfer, or wire transfer. Once your deposit clears, the $50 bonus is credited to your account for trading. Here are the key terms and conditions: * Available in all U.S. states except Nevada * Must be physically located in an eligible state to trade * Code COVERS must be entered during registration * Minimum $10 deposit required to unlock the bonus * Bonus funds are credited after deposit verification For the Louisville vs. Mississippi matchup, you could trade on the spread, total, or player props. If your prediction on the Cardinals or Rebels proves correct, your winnings are added to your account balance. If your trade moves against you, your account reflects the loss. Explore best prediction market promos to compare other welcome offers available today. Get our Louisville vs. Mississippi picks Betting analyst Geoff Clark has released his Louisville vs. Mississippi picks for this Top 25 neutral-site matchup in Nashville, including a spread play on the Cardinals and a lean on the total. * Louisville +6.5 (48%) * Louisville vs. Mississippi Under 55.5 (54%) * Trinidad Chambliss Under 271.5 Passing Yards (53%) * Isaac Brown Over 71.5 Rushing Yards (51%) * Lincoln Kienholz Under 26.5 Rushing Yards (60%) * Brody Foley Over 16.5 Receiving Yards (62%) * Kewan Lacy Over 16.5 Receiving Yards (43%) * Deuce Alexander Under 59.5 Receiving Yards (57%) Use the correct Polymarket promo code for your state How to Claim Your Polymarket Welcome Bonus Follow these steps to sign up and start trading on Louisville vs. Mississippi with your bonus funds: Pages related to this topic
California Polymarket Promo Code COVERS: Get $50 Bonus for Fresno State vs. USC Prediction Markets
Get a $50 Polymarket promo code bonus with code COVERS. Trade on Fresno State vs. USC Friday with the best prediction market apps. New traders can claim a $50 trading bonus on Polymarket when they use the Polymarket promo code COVERS during registration. The offer is available as of Sept. 4 and requires a $10 deposit to unlock. Start trading on the Fresno State vs. USC matchup Friday and explore one of the best prediction market apps available today. Polymarket promo code details How the Polymarket Promo Code Works The Polymarket promo code COVERS unlocks a $50 welcome bonus when you deposit $10 into your account. This bonus gives you additional trading capital to place positions on the Fresno State vs. USC game. If your trades on the Trojans' matchup win, your profits are yours to keep. If a trade settles against you, your loss is limited to what you wagered from your initial deposit and bonus funds combined. Key terms and conditions include: * Available in all U.S. states except Nevada * Must be physically located in an eligible state to claim * Requires identity verification with a government-issued ID and selfie * Minimum $10 deposit required to activate the bonus * Bonus funds are credited immediately after deposit clears You can trade on various outcomes for the Fresno State vs. USC game, from team performance contracts to player prop markets. Whether you're predicting USC's offensive output or Fresno State's defensive performance, your bonus funds work just like regular trading capital. To explore more opportunities, check out the best prediction market promos available across the industry. Get our Fresno State vs. USC picks Betting analyst JD Yonke has released his Fresno State vs. USC picks, covering the spread, total, and a three-leg parlay for this Friday night matchup at Los Angeles Memorial Coliseum. * USC -21.5 spread (53%) * Fresno State vs. USC under 51.5 total (51%) * Fresno State team total under 14.5 game prop (3.75x parlay) Use the correct Polymarket promo code for your state How to Claim Your Polymarket Welcome Offer Follow these steps to sign up, deposit, and start trading on Fresno State vs. USC with your bonus funds: For more details on Polymarket and how it compares to other prediction platforms, read our Polymarket review. Pages related to this topic
Polymarket Launches Perpetual Trading Offering 20x Leverage
This expansion could attract more traders amid mixed market signals. Polymarket has launched a new trading feature, Polymarket Perps, allowing traders to engage in perpetual contracts with leverage up to 20x. This service is available internationally in jurisdictions where it is permitted by law. The development could significantly impact trading volume and user engagement as it offers enhanced flexibility for traders looking to capitalize on market movements. source Inside the Move The introduction of perpetual trading on Polymarket marks a significant expansion in its trading offerings. Users can now trade a variety of assets, including cryptocurrencies, stocks, and commodities, with the ability to leverage their positions substantially. This enhancement comes at a time when the broader crypto market shows mixed signals, indicating a potential shift in trader sentiment and engagement. With the market dynamics evolving, traders may find new opportunities in these leveraged positions. What We Know * Polymarket has launched perpetual trading with 20x leverage effective immediately. The service includes cryptocurrencies, stocks, and commodities. Trading is available in jurisdictions where permitted by law. The platform aims to enhance user engagement and trading volume. This launch positions Polymarket as a competitive player in the DeFi landscape. The Numbers Currently, Polymarket has reported no trading volume in the last 24 hours as it rolls out this new feature. The lack of trading activity may be attributed to traders awaiting more information on the platform's offerings and market conditions. However, the launch of perpetual trading could soon change this dynamic, encouraging increased participation as users explore the benefits of high leverage trading. Polymarket is a decentralized prediction market platform allowing users to bet on various outcomes across multiple sectors, including cryptocurrencies, politics, and entertainment. The platform operates under regulatory frameworks in different jurisdictions, making compliance essential for its global offerings. As such, the recent launch of perpetual trading reflects Polymarket's commitment to expanding its services while adhering to legal requirements. What to Watch Traders should keep an eye on Polymarket's trading volumes and user engagement in the coming weeks as the new feature gains traction. The introduction of perpetual contracts could lead to increased trading activity, especially if market conditions stabilize. Additionally, the overall sentiment in the crypto market, including factors such as interest rates and regulatory developments, will likely influence trader behavior on the platform.
Polymarket stands ready to fight misconduct as US midterms loom, intel chief says
WASHINGTON, Aug 31 (Reuters) - Prediction market company Polymarket is fully prepared to police trading on its platform as the approaching U.S. midterm elections test the industry's controls, the company's new global head of investigations and intelligence told Reuters. Polymarket is also working to keep U.S. users off its international platform, as required by an enforcement settlement it reached with U.S. regulators in 2022, said Shana Bautista, a former Coinbase analyst and FBI investigator. "I'm confident that I'm able to get the resources and the support I need," Bautista told Reuters in her first interview since joining Polymarket in June. "I can tell you that we have the systems in place to be able to identify anomalous activity when the midterms do come." Polymarket is under pressure from U.S. lawmakers worried fast-growing prediction markets are creating new avenues for insider trading and may threaten national security and election integrity -- by undermining confidence in candidates and election officials or casting doubt on race results, among other possibilities. Many states are meanwhile suing to kick the industry out of sports betting. Polymarket's international platform settles trades on a blockchain, meaning wagers are public, although traders remain anonymous. Critics say that's a recipe for misconduct. Bautista said Polymarket's blockchain nevertheless provides highly valuable information about trader activity. The company, which was founded in 2020, says it has been beefing up controls and plans to provide more transparency around how it polices wagers. It is launching a new web page explaining how it protects market integrity and cooperates with law enforcement, a spokesperson said. Bautista said the web page will outline how Polymarket uses machine learning, blockchain analytics, trade surveillance, open source research and third-parties to spot and stop malicious activity. "The market integrity program itself is not new, but what we're putting on the record now is considerably more detail about how it operates," she said. The company says it has referred more than a hundred cases to law enforcement. Bautista said those include a wallet used by a U.S. soldier who prosecutors say used classified information to bet on the capture of Venezuela's Nicolas Maduro, and many possible insider bets on U.S. military actions in Iran that Reuters reported earlier this month. The Commodity Futures Trading Commission in 2022 fined Polymarket for failing to register with the agency and required it to bar U.S. users, but analysts say there is evidence that U.S. users continue to trade on the platform. Bautista said she believes the company's systems are sufficient to block the vast majority of U.S. users. "It is difficult at scale to be able to consistently and always evade all of the guardrails we have," said Bautista. "I do not see it being a really prevalent issue." Under President Trump's administration, which has embraced prediction markets, federal regulators dropped a probe into whether Polymarket had breached the settlement. CEO Shayne Coplan said at the time that the company had been cleared of wrongdoing. Polymarket re-entered the U.S. by acquiring a U.S.-registered exchange last year. (Reporting by Douglas Gillison in Washington; editing by Michelle Price and Nick Zieminski)
How to Automate Polymarket Trades: APIs, Terminals and Copy Trading Compared
There are three ways to stop trading prediction markets by hand, and they suit completely different people. Picking the wrong one wastes months. Here is what each route requires from you, what it gives back, and who should ignore it. Route one: the API You write code that reads market data and places orders. Full control, no interface between your logic and the market. The requirement is that you have logic worth automating. An API turns a strategy into software, and if the strategy is undefined, all you have built is a faster way to express uncertainty. There is also maintenance. Markets change, endpoints change, and a script that worked in March needs attention in August. That is ongoing work, not a one-time build. This route makes sense if you are a developer with a tested edge in a specific category. For everyone else it is a project that competes for the time you were trying to save. Route two: the terminal A terminal does not trade for you. It removes steps between your decision and the fill, which is where most of the time actually goes. Banana Predict organises markets across twelve categories with tabs for Trending, Breaking, New, Recurring and Bonding, so discovery starts from what is moving. The order entry shows a real book with price, shares and total USD depth, plus a payout preview that calculates the return on a stake before you commit. Positions sit in Portfolio, working orders in My orders, and fills in the Activity feed. A Wallet Tracker follows addresses, and a Social and X Tracker monitors accounts in real time with search by contract, symbol or user. None of that is automation in the strict sense. It is compression, and for most traders it recovers more time than a script would. Route three: copy trading Copytrade mirrors a trader selected from the leaderboard, which ranks by profit and loss alongside volume. This automates the hardest part, which is having a view. You are outsourcing judgement rather than execution. The catch is that you inherit a person rather than a system. When their edge fades, nothing alerts you, and the leaderboard will show the old number for a long time afterwards. Which one fits you If you can define your rules precisely enough to write them down as conditions, the API is worth the build. If your process is sound but slow, a terminal fixes the actual problem. If you have no view and want exposure, copy trading is honest about what it is, provided you attach your own sizing. Most people who ask about automation are in the second group and reach for the first. Cost is not the same across routes An API costs you build time and maintenance. A terminal costs you nothing beyond learning it. Copy trading costs you the spread between the original fill and yours. That last one is invisible and it is real. Your mirrored order arrives after the trader moved the market, which means you systematically pay slightly worse prices than the record you were copying. Over a few hundred positions that gap becomes the difference between matching a leaderboard trader and underperforming them while taking the same risk. The mistake all three share Automation applied to a thin market amplifies the depth problem. On a contract at 62 cents, walking two or three cents against yourself removes a large share of the expected return. Manual traders notice this because they are looking at the book. Automated entries do not, because not looking was the point. Whichever route you take, cap size against visible depth rather than against how confident you feel. The shortest useful rule Automate what you can describe. Keep manual what you can only judge. What none of them automate Resolution criteria stay yours. Markets resolve on written rules through a UMA-style process, and similar-looking contracts can resolve on different sources or dates. Read the Rules section on anything you hold in size, every time, regardless of how the position was opened. A reasonable sequence Start with a terminal and run manually for a month while tracking where the time goes. Add copy trading in one category with a fixed unit if you want exposure beyond your own reading. Consider the API only once you have a written rule set that survived a month of live conditions. Building software before you have a rule that works is the most common and most expensive order to do this in. The traders who end up with genuinely automated systems almost always arrive there slowly, after a manual process proved itself first. The ones who start with the code usually end up maintaining software instead of trading. Mirroring comes with controls that decide whether it works at all, and the full guide to copy trading on Banana Predict covers each of them. Open the Banana Pro terminal and see how much of your process is compression rather than code. ⚠ For information purposes only. Crypto carries risk. Not financial advice! Related Items:Automate Polymarket Trades, Polymarket Trades
Polymarket stands ready to fight misconduct as US midterms loom, intel chief says
WASHINGTON, Aug 31 (Reuters) - Prediction market company Polymarket is fully prepared to police trading on its platform as the approaching U.S. midterm elections test the industry's controls, the company's new global head of investigations and intelligence told Reuters. Polymarket is also working to keep U.S. users off its international platform, as required by an enforcement settlement it reached with U.S. regulators in 2022, said Shana Bautista, a former Coinbase analyst and FBI investigator. "I'm confident that I'm able to get the resources and the support I need," Bautista told Reuters in her first interview since joining Polymarket in June. "I can tell you that we have the systems in place to be able to identify anomalous activity when the midterms do come." Polymarket is under pressure from U.S. lawmakers worried fast-growing prediction markets are creating new avenues for insider trading and may threaten national security and election integrity - by undermining confidence in candidates and election officials or casting doubt on race results, among other possibilities. Many states are meanwhile suing to kick the industry out of sports betting. Polymarket's international platform settles trades on a blockchain, meaning wagers are public, although traders remain anonymous. Critics say that's a recipe for misconduct. Bautista said Polymarket's blockchain nevertheless provides highly valuable information about trader activity. The company, which was founded in 2020, says it has been beefing up controls and plans to provide more transparency around how it polices wagers. It is launching a new web page explaining how it protects market integrity and cooperates with law enforcement, a spokesperson said. Bautista said the web page will outline how Polymarket uses machine learning, blockchain analytics, trade surveillance, open source research and third-parties to spot and stop malicious activity. "The market integrity program itself is not new, but what we're putting on the record now is considerably more detail about how it operates," she said. The company says it has referred more than a hundred cases to law enforcement. Bautista said those include a wallet used by a U.S. soldier who prosecutors say used classified information to bet on the capture of Venezuela's Nicolas Maduro, and many possible insider bets on U.S. military actions in Iran that Reuters reported earlier this month. The Commodity Futures Trading Commission in 2022 fined Polymarket for failing to register with the agency and required it to bar U.S. users, but analysts say there is evidence that U.S. users continue to trade on the platform. Bautista said she believes the company's systems are sufficient to block the vast majority of U.S. users. "It is difficult at scale to be able to consistently and always evade all of the guardrails we have," said Bautista. "I do not see it being a really prevalent issue." Under President Trump's administration, which has embraced prediction markets, federal regulators dropped a probe into whether Polymarket had breached the settlement. CEO Shayne Coplan said at the time that the company had been cleared of wrongdoing. Polymarket re-entered the U.S. by acquiring a U.S.-registered exchange last year. (Reporting by Douglas Gillison in Washington; editing by Michelle Price and Nick Zieminski) Copyright Reuters or USA Today Network via Reuters Connect This story was originally published August 31, 2026 at 4:12 AM.
Polymarket stands ready to fight misconduct as US midterms loom, intel chief says By Reuters
WASHINGTON, Aug 31 (Reuters) - Prediction market company Polymarket is fully prepared to police trading on its platform as the approaching U.S. midterm elections test the industry's controls, the company's new global head of investigations and intelligence told Reuters. Polymarket is also working to keep U.S. users off its international platform, as required by an enforcement settlement it reached with U.S. regulators in 2022, said Shana Bautista, a former Coinbase analyst and FBI investigator. "I'm confident that I'm able to get the resources and the support I need," Bautista told Reuters in her first interview since joining Polymarket in June. "I can tell you that we have the systems in place to be able to identify anomalous activity when the midterms do come." Polymarket is under pressure from U.S. lawmakers worried fast-growing prediction markets are creating new avenues for insider trading and may threaten national security and election integrity -- by undermining confidence in candidates and election officials or casting doubt on race results, among other possibilities. Many states are meanwhile suing to kick the industry out of sports betting. Polymarket's international platform settles trades on a blockchain, meaning wagers are public, although traders remain anonymous. Critics say that's a recipe for misconduct. Bautista said Polymarket's blockchain nevertheless provides highly valuable information about trader activity. The company, which was founded in 2020, says it has been beefing up controls and plans to provide more transparency around how it polices wagers. It is launching a new web page explaining how it protects market integrity and cooperates with law enforcement, a spokesperson said. Bautista said the web page will outline how Polymarket uses machine learning, blockchain analytics, trade surveillance, open source research and third-parties to spot and stop malicious activity. "The market integrity program itself is not new, but what we're putting on the record now is considerably more detail about how it operates," she said. The company says it has referred more than a hundred cases to law enforcement. Bautista said those include a wallet used by a U.S. soldier who prosecutors say used classified information to bet on the capture of Venezuela's Nicolas Maduro, and many possible insider bets on U.S. military actions in Iran that Reuters reported earlier this month. The Commodity Futures Trading Commission in 2022 fined Polymarket for failing to register with the agency and required it to bar U.S. users, but analysts say there is evidence that U.S. users continue to trade on the platform. Bautista said she believes the company's systems are sufficient to block the vast majority of U.S. users. "It is difficult at scale to be able to consistently and always evade all of the guardrails we have," said Bautista. "I do not see it being a really prevalent issue." Under President Trump's administration, which has embraced prediction markets, federal regulators dropped a probe into whether Polymarket had breached the settlement. CEO Shayne Coplan said at the time that the company had been cleared of wrongdoing. Polymarket re-entered the U.S. by acquiring a U.S.-registered exchange last year.
Polymarket stands ready to fight misconduct as US midterms loom, intel chief says
WASHINGTON, Aug 31 (Reuters) - Prediction market company Polymarket is fully prepared to police trading on its platform as the approaching U.S. midterm elections test the industry's controls, the company's new global head of investigations and intelligence told Reuters. Polymarket is also working to keep U.S. users off its international platform, as required by an enforcement settlement it reached with U.S. regulators in 2022, said Shana Bautista, a former Coinbase analyst and FBI investigator. "I'm confident that I'm able to get the resources and the support I need," Bautista told Reuters in her first interview since joining Polymarket in June. "I can tell you that we have the systems in place to be able to identify anomalous activity when the midterms do come." Polymarket is under pressure from U.S. lawmakers worried fast-growing prediction markets are creating new avenues for insider trading and may threaten national security and election integrity - by undermining confidence in candidates and election officials or casting doubt on race results, among other possibilities. Many states are meanwhile suing to kick the industry out of sports betting. Polymarket's international platform settles trades on a blockchain, meaning wagers are public, although traders remain anonymous. Critics say that's a recipe for misconduct. Bautista said Polymarket's blockchain nevertheless provides highly valuable information about trader activity. The company, which was founded in 2020, says it has been beefing up controls and plans to provide more transparency around how it polices wagers. It is launching a new web page explaining how it protects market integrity and cooperates with law enforcement, a spokesperson said. Bautista said the web page will outline how Polymarket uses machine learning, blockchain analytics, trade surveillance, open source research and third-parties to spot and stop malicious activity. "The market integrity program itself is not new, but what we're putting on the record now is considerably more detail about how it operates," she said. The company says it has referred more than a hundred cases to law enforcement. Bautista said those include a wallet used by a U.S. soldier who prosecutors say used classified information to bet on the capture of Venezuela's Nicolas Maduro, and many possible insider bets on U.S. military actions in Iran that Reuters reported earlier this month. The Commodity Futures Trading Commission in 2022 fined Polymarket for failing to register with the agency and required it to bar U.S. users, but analysts say there is evidence that U.S. users continue to trade on the platform. Bautista said she believes the company's systems are sufficient to block the vast majority of U.S. users. "It is difficult at scale to be able to consistently and always evade all of the guardrails we have," said Bautista. "I do not see it being a really prevalent issue." Under President Trump's administration, which has embraced prediction markets, federal regulators dropped a probe into whether Polymarket had breached the settlement. CEO Shayne Coplan said at the time that the company had been cleared of wrongdoing. Polymarket re-entered the U.S. by acquiring a U.S.-registered exchange last year. (Reporting by Douglas Gillison in Washington; editing by Michelle Price and Nick Zieminski) Copyright Reuters or USA Today via Reuters Connect This story was originally published August 31, 2026 at 6:12 AM.
Polymarket stands ready to fight misconduct as US midterms loom, intel chief says
WASHINGTON, Aug 31 (Reuters) - Prediction market company Polymarket is fully prepared to police trading on its platform as the approaching U.S. midterm elections test the industry's controls, the company's new global head of investigations and intelligence told Reuters. Polymarket is also working to keep U.S. users off its international platform, as required by an enforcement settlement it reached with U.S. regulators in 2022, said Shana Bautista, a former Coinbase analyst and FBI investigator. "I'm confident that I'm able to get the resources and the support I need," Bautista told Reuters in her first interview since joining Polymarket in June. "I can tell you that we have the systems in place to be able to identify anomalous activity when the midterms do come." Polymarket is under pressure from U.S. lawmakers worried fast-growing prediction markets are creating new avenues for insider trading and may threaten national security and election integrity - by undermining confidence in candidates and election officials or casting doubt on race results, among other possibilities. Many states are meanwhile suing to kick the industry out of sports betting. Polymarket's international platform settles trades on a blockchain, meaning wagers are public, although traders remain anonymous. Critics say that's a recipe for misconduct. Bautista said Polymarket's blockchain nevertheless provides highly valuable information about trader activity. The company, which was founded in 2020, says it has been beefing up controls and plans to provide more transparency around how it polices wagers. It is launching a new web page explaining how it protects market integrity and cooperates with law enforcement, a spokesperson said. Bautista said the web page will outline how Polymarket uses machine learning, blockchain analytics, trade surveillance, open source research and third-parties to spot and stop malicious activity. "The market integrity program itself is not new, but what we're putting on the record now is considerably more detail about how it operates," she said. The company says it has referred more than a hundred cases to law enforcement. Bautista said those include a wallet used by a U.S. soldier who prosecutors say used classified information to bet on the capture of Venezuela's Nicolas Maduro, and many possible insider bets on U.S. military actions in Iran that Reuters reported earlier this month. The Commodity Futures Trading Commission in 2022 fined Polymarket for failing to register with the agency and required it to bar U.S. users, but analysts say there is evidence that U.S. users continue to trade on the platform. Bautista said she believes the company's systems are sufficient to block the vast majority of U.S. users. "It is difficult at scale to be able to consistently and always evade all of the guardrails we have," said Bautista. "I do not see it being a really prevalent issue." Under President Trump's administration, which has embraced prediction markets, federal regulators dropped a probe into whether Polymarket had breached the settlement. CEO Shayne Coplan said at the time that the company had been cleared of wrongdoing. Polymarket re-entered the U.S. by acquiring a U.S.-registered exchange last year. (Reporting by Douglas Gillison in Washington; editing by Michelle Price and Nick Zieminski) Copyright Reuters or USA Today via Reuters Connect This story was originally published August 31, 2026 at 5:12 AM.
Polymarket stands ready to fight misconduct as US midterms loom, intel chief says
WASHINGTON, Aug 31 (Reuters) - Prediction market company Polymarket is fully prepared to police trading on its platform as the approaching U.S. midterm elections test the industry's controls, the company's new global head of investigations and intelligence told Reuters. Polymarket is also working to keep U.S. users off its international platform, as required by an enforcement settlement it reached with U.S. regulators in 2022, said Shana Bautista, a former Coinbase analyst and FBI investigator. "I'm confident that I'm able to get the resources and the support I need," Bautista told Reuters in her first interview since joining Polymarket in June. "I can tell you that we have the systems in place to be able to identify anomalous activity when the midterms do come." Polymarket is under pressure from U.S. lawmakers worried fast-growing prediction markets are creating new avenues for insider trading and may threaten national security and election integrity - by undermining confidence in candidates and election officials or casting doubt on race results, among other possibilities. Many states are meanwhile suing to kick the industry out of sports betting. Polymarket's international platform settles trades on a blockchain, meaning wagers are public, although traders remain anonymous. Critics say that's a recipe for misconduct. Bautista said Polymarket's blockchain nevertheless provides highly valuable information about trader activity. The company, which was founded in 2020, says it has been beefing up controls and plans to provide more transparency around how it polices wagers. It is launching a new web page explaining how it protects market integrity and cooperates with law enforcement, a spokesperson said. Bautista said the web page will outline how Polymarket uses machine learning, blockchain analytics, trade surveillance, open source research and third-parties to spot and stop malicious activity. "The market integrity program itself is not new, but what we're putting on the record now is considerably more detail about how it operates," she said. The company says it has referred more than a hundred cases to law enforcement. Bautista said those include a wallet used by a U.S. soldier who prosecutors say used classified information to bet on the capture of Venezuela's Nicolas Maduro, and many possible insider bets on U.S. military actions in Iran that Reuters reported earlier this month. The Commodity Futures Trading Commission in 2022 fined Polymarket for failing to register with the agency and required it to bar U.S. users, but analysts say there is evidence that U.S. users continue to trade on the platform. Bautista said she believes the company's systems are sufficient to block the vast majority of U.S. users. "It is difficult at scale to be able to consistently and always evade all of the guardrails we have," said Bautista. "I do not see it being a really prevalent issue." Under President Trump's administration, which has embraced prediction markets, federal regulators dropped a probe into whether Polymarket had breached the settlement. CEO Shayne Coplan said at the time that the company had been cleared of wrongdoing. Polymarket re-entered the U.S. by acquiring a U.S.-registered exchange last year. (Reporting by Douglas Gillison in Washington; editing by Michelle Price and Nick Zieminski) Copyright Reuters or USA Today via Reuters Connect This story was originally published August 31, 2026 at 3:12 AM.
Polymarket stands ready to fight misconduct as US midterms loom, intel chief says
WASHINGTON, Aug 31 (Reuters) - Prediction market company Polymarket is fully prepared to police trading on its platform as the approaching U.S. midterm elections test the industry's controls, the company's new global head of investigations and intelligence told Reuters. Polymarket is also working to keep U.S. users off its international platform, as required by an enforcement settlement it reached with U.S. regulators in 2022, said Shana Bautista, a former Coinbase analyst and FBI investigator. "I'm confident that I'm able to get the resources and the support I need," Bautista told Reuters in her first interview since joining Polymarket in June. "I can tell you that we have the systems in place to be able to identify anomalous activity when the midterms do come." Polymarket is under pressure from U.S. lawmakers worried fast-growing prediction markets are creating new avenues for insider trading and may threaten national security and election integrity -- by undermining confidence in candidates and election officials or casting doubt on race results, among other possibilities. Many states are meanwhile suing to kick the industry out of sports betting. Polymarket's international platform settles trades on a blockchain, meaning wagers are public, although traders remain anonymous. Critics say that's a recipe for misconduct. Bautista said Polymarket's blockchain nevertheless provides highly valuable information about trader activity. The company, which was founded in 2020, says it has been beefing up controls and plans to provide more transparency around how it polices wagers. It is launching a new web page explaining how it protects market integrity and cooperates with law enforcement, a spokesperson said. Bautista said the web page will outline how Polymarket uses machine learning, blockchain analytics, trade surveillance, open source research and third-parties to spot and stop malicious activity. "The market integrity program itself is not new, but what we're putting on the record now is considerably more detail about how it operates," she said. The company says it has referred more than a hundred cases to law enforcement. Bautista said those include a wallet used by a U.S. soldier who prosecutors say used classified information to bet on the capture of Venezuela's Nicolas Maduro, and many possible insider bets on U.S. military actions in Iran that Reuters reported earlier this month. The Commodity Futures Trading Commission in 2022 fined Polymarket for failing to register with the agency and required it to bar U.S. users, but analysts say there is evidence that U.S. users continue to trade on the platform. Bautista said she believes the company's systems are sufficient to block the vast majority of U.S. users.
Polymarket Stands Ready to Fight Misconduct as US Midterms Loom, Intel Chief Says
WASHINGTON, Aug 31 (Reuters) - Prediction market company Polymarket is fully prepared to police trading on its platform as the approaching U.S. midterm elections test the industry's controls, the company's new global head of investigations and intelligence told Reuters. Polymarket is also working to keep U.S. users off its international platform, as required by an enforcement settlement it reached with U.S. regulators in 2022, said Shana Bautista, a former Coinbase analyst and FBI investigator. "I'm confident that I'm able to get the resources and the support I need," Bautista told Reuters in her first interview since joining Polymarket in June. "I can tell you that we have the systems in place to be able to identify anomalous activity when the midterms do come." Polymarket is under pressure from U.S. lawmakers worried fast-growing prediction markets are creating new avenues for insider trading and may threaten national security and election integrity -- by undermining confidence in candidates and election officials or casting doubt on race results, among other possibilities. Many states are meanwhile suing to kick the industry out of sports betting. Polymarket's international platform settles trades on a blockchain, meaning wagers are public, although traders remain anonymous. Critics say that's a recipe for misconduct. Bautista said Polymarket's blockchain nevertheless provides highly valuable information about trader activity. The company, which was founded in 2020, says it has been beefing up controls and plans to provide more transparency around how it polices wagers. It is launching a new web page explaining how it protects market integrity and cooperates with law enforcement, a spokesperson said. Bautista said the web page will outline how Polymarket uses machine learning, blockchain analytics, trade surveillance, open source research and third-parties to spot and stop malicious activity. "The market integrity program itself is not new, but what we're putting on the record now is considerably more detail about how it operates," she said. The company says it has referred more than a hundred cases to law enforcement. Bautista said those include a wallet used by a U.S. soldier who prosecutors say used classified information to bet on the capture of Venezuela's Nicolas Maduro, and many possible insider bets on U.S. military actions in Iran that Reuters reported earlier this month. The Commodity Futures Trading Commission in 2022 fined Polymarket for failing to register with the agency and required it to bar U.S. users, but analysts say there is evidence that U.S. users continue to trade on the platform. Bautista said she believes the company's systems are sufficient to block the vast majority of U.S. users. "It is difficult at scale to be able to consistently and always evade all of the guardrails we have," said Bautista. "I do not see it being a really prevalent issue." Under President Trump's administration, which has embraced prediction markets, federal regulators dropped a probe into whether Polymarket had breached the settlement. CEO Shayne Coplan said at the time that the company had been cleared of wrongdoing. Polymarket re-entered the U.S. by acquiring a U.S.-registered exchange last year. (Reporting by Douglas Gillison in Washington; editing by Michelle Price and Nick Zieminski)
Polymarket Promo Code COVERS: Get $20 Trading Bonus for Hawai'i vs. Stanford Prediction Markets
New traders can get a $20 trading bonus when they sign up with a Polymarket promo code before Aug. 29. The offer requires the code COVERS at registration and a $10 deposit to unlock your welcome bonus. Start trading on the Hawaii vs. Stanford matchup this Saturday using one of the best prediction market apps available today. Polymarket promo code details How the Polymarket Promo Code Works The Polymarket promo code delivers a straightforward welcome offer for new traders. You'll need to enter COVERS during sign-up, verify your identity with a photo ID and selfie, and deposit a minimum of $10 to activate the bonus. Once claimed, you'll have $20 in trading credit to use on prediction markets, including the Hawaii vs. Stanford game on Saturday. Here are the key terms and conditions for this offer: * Available in all U.S. states except Nevada * Must be physically located in an eligible state * Requires valid photo ID and selfie verification * Minimum $10 deposit required to unlock the bonus * Offer valid through Aug. 29 When you trade on Hawaii vs. Stanford, your $20 bonus can be applied to any prediction market on the game. If your trade wins, your profits are yours to keep. If your trade doesn't go your way, you've used your welcome bonus to explore the platform without additional cost. Comparing best prediction market promos shows that Polymarket's offer stands out for its flexibility and ease of use. Get our Hawaii vs. Stanford picks Betting analyst Brad Powers has released his Hawaii vs. Stanford picks, including a lean on Stanford to cover at home in what he views as a revenge spot for the Cardinal. * Stanford -3.0 * Hawaii +4.5 * Hawaii moneyline * Game total under 48.5 * Davis Warren over 190.5 passing yards * Micah Alejado under 260.5 passing yards * Cam Barfield over 32.5 rushing yards * JonAnthony Hall over 26.5 receiving yards * Audric Harris over 36.5 receiving yards * Audric Harris to score a touchdown Use the correct Polymarket promo code for your state How to Claim Your Polymarket Welcome Offer Follow these steps to sign up and start trading on Hawaii vs. Stanford with your $20 bonus: Pages related to this topic
CFTC, US soldier Accused of Illegal Polymarket Bet Spar over Interpretation of Prediction Markets
A judge stayed the CFTC's civil case against a soldier who allegedly used nonpublic information for a Polymarket bet, but the regulator is trying to weigh in on the criminal case. Gannon Ken Van Dyke, a soldier who allegedly made more than $400,000 using nonpublic information to trade event contracts on prediction market platform Polymarket, is pushing back against attempts by the US Commodity Futures Trading Commission (CFTC) to weigh in on his criminal case. In a Monday filing in the US District Court for the Southern District of New York, Van Dyke's lawyers opposed the CFTC's efforts to file an amicus brief relating to claims in his case. The letter referred to the commodities regulator's counsel filing a notice requesting permission from the court to provide its views on many of Van Dyke's defense claims, including that event contracts on platforms like Polymarket were not "swaps" under the purview of the CFTC. "The CFTC is no sheep 'friend of the Court' here," said defense attorneys. "It is a regulatory wolf, with its own case against Mr. Van Dyke that it refuses to pursue itself. Rather, like a true coursing predator, the CTFC seeks to advance its own interests through the back door of an amicus brief instead of facing its own case against Mr. Van Dyke head on. This Court should not countenance the CFTC's litigation gambits." US authorities charged Van Dyke with fraud in April over allegations he traded event contracts on Polymarket related to the removal of Venezuelan President Nicolás Maduro in January, an operation for which he was privy to nonpublic information. The incident has been one of the leading cases lawmakers and critics of prediction markets point to as an example of potential manipulation on platforms like Kalshi and Polymarket. A federal judge already ordered that the CFTC's civil case against Van Dyke be stayed "pending the outcome of the criminal proceeding." He has pleaded not guilty to all charges and a criminal trial could potentially begin in late 2026 or early 2027.
