The House Oversight Committee has broadened its investigation into potential insider trading on prediction markets, now including Hyperliquid Labs, Crypto.com, and Aristotle-linked platforms. The committee is seeking records on user verification, geographic restrictions, and suspicious trades dating back to January 2024, following earlier probes into Polymarket and Kalshi. This expansion follows concerns over large leveraged trades timed around significant political events, such as a $1.1 billion crypto short before new China tariffs in 2025. The inquiry highlights growing scrutiny of prediction markets amid allegations of misuse of nonpublic information and ongoing regulatory debates.
The House Oversight Committee's expanded probe into prediction market insider trading comes as a backdrop to current cryptocurrency market activity. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Sep 29, 2026 23:51 WIB: out of 50 major cryptocurrencies, 21 rose and 28 fell today. Notable movers include AVAX at Rp199.774 with a 6.34% increase, SNX at Rp4.577 up 5.78%, and COMP at Rp446.610 rising 5.62%, with typical hold times ranging from 70 to 97 days and a majority of sell orders on Pluang.
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