Polymarket Updates Market Integrity Rules, Clearly Prohibits Three Categories of Insider Trading and Market Manipulation

Gate News, March 23 — Prediction market platform Polymarket announced updates to its DeFi platform and market integrity rules for the CFTC-regulated U.S. exchange, along with the launch of a dedicated market integrity page. The updated rules specify three types of prohibited insider trading activities: trading using stolen confidential information, trading based on insider information improperly conveyed by others, and trading related contracts by individuals who can influence event outcomes. Additionally, both platforms prohibit all forms of fraud and market manipulation, including false order placement, wash trading, fictitious trades, self-trading, front-running, and other disruptive market behaviors. On the monitoring front, DeFi platforms leverage on-chain transparency of the Polygon blockchain for multi-layer monitoring, while Polymarket US employs a three-tier monitoring system through professional trading surveillance firms, real-time control dashboards, and a regulatory service agreement with the National Futures Association (NFA). Violators may face account bans, fines, or legal action.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
No comments