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Greg Casar: “A huge amount of insider trading and we're seeing people…”

Featuring: Greg Casar, Democratic | U.S. House, Texas, District 35

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Greg Casar Proposes Giving Locals First Dibs To Buy Pro Sports Teams Before They Move

Published | Video Starts at 09:50

Talk to us about the legislation we are seeing right now with these quote unquote prediction markets. A huge amount of insider trading and we're seeing people make huge sums of money that the vast majority of the American people would think is just should already be outlawed. In the case of the war in Iran, you had multiple accounts made within 24 hours of that strike make six figures overnight. You had one account like you mentioned make over half a million dollars. (09:50–10:04)

CLAIM

Asserts that insider trading in prediction markets is widespread and should be outlawed.

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