Prediction Market Alliance launches seven-figure PR campaign to address insider trading controversy sparked by Maduro's resignation

DeepFlowTech · 2026-01-28T09:09:27+00:00

The Prediction Market Alliance published a full-page ad in The Washington Post to address insider trading controversies in prediction markets and to promote federal regulatory legislation. This action was influenced by suspicious trading activities, and the alliance members include Kalshi, Coinbase, and Robinhood.

DeepFlowTech

2026-01-28 09:09:27

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Deep Tide TechFlow News, on January 28, according to Business Insider, the Prediction Market Coalition published a full-page ad in the Washington Post, launching a seven-figure public relations campaign to address recent insider trading controversies in prediction markets. The coalition members include companies such as Kalshi, Coinbase, and Robinhood.

This public relations effort was triggered by a suspicious transaction on the Polymarket platform: a trader profited over $400,000 by betting on the political future of former Venezuelan President Nicolás Maduro just hours before he was captured by U.S. forces, drawing widespread attention.

A coalition spokesperson stated that this advertisement is the “beginning” of efforts to promote federal regulation of prediction markets, aiming to create a “clear contrast” with both regulated platforms and unregulated overseas platforms. Notably, Polymarket is not a member of the coalition, and the company has not issued a public statement regarding the Maduro trading controversy.

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