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Senator Pushes Bill to Ban Insider Betting | Salt Lake City News
Senator John Curtis is pushing a new law to ban top government officials from profiting off inside information on prediction markets, sparked by a teleprompter operator for President Trump who reportedly made $100K betting on speech dates — and has since been placed on leave. Curtis argues that such access creates unfair advantages and erodes public trust, proposing steep penalties: a $500 fine or double the profit, whichever’s larger. While his bill hasn’t passed, Congress is already acting — the Senate banned its members and staff, the House is considering similar rules, and the White House…
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