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Goldman Bans Staff from Prediction Markets | Durham News
Prediction markets are exploding, with Wall Street rushing in—Intercontinental Exchange dumped $2 billion into Polymarket. But here’s the twist: Goldman Sachs just banned its own employees from betting on them, despite earlier enthusiasm. Regulators are stepping up, warning of insider trading after a Google employee was charged for profiting off secret search data. Other banks like JPMorgan are taking a cautious stance, advising caution but hinting at future client offerings—minus politics and sports. Goldman’s sudden retreat? They might know something we don’t. Listen in comfort:Get a…
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