Moulton bars staff from trading on prediction markets

Rep. Seth Moulton (D-Mass.) is banning his congressional staff from trading on prediction market platforms, his press office said.

“Effective today, Congressman Moulton is instituting an office-wide policy prohibiting his congressional staff from participating in prediction market platforms, such as Polymarket and Kalshi,” Moulton’s press office said in a post on social media.

The move follows recent congressional scrutiny of prediction markets, the office said.

Source: Original Article