Polymarket is cracking down on insider trading with updated rules

Polymarket announced that it's taking insider trading more seriously. Seen in its latest press release, the prediction market updated its market integrity rules, specifically those concerning insider trading and market manipulation. While Polymarket is taking the initiative to update its rules, it's likely a response to the rise in suspicious bets, whether it's about the US capture of Nicolás Maduro or the release of a new product from OpenAI. As first reported on by Bloomberg, Polymarket is targeting three specific forms of trading activity. First off, users aren't allowed to trade on "stolen confidential information," or any behind-the-scenes knowledge about an outcome that people wouldn't otherwise have access to. As an extension, Polymarket traders are also prohibited from taking advantage of "illegal tips," which means that even if someone else has access to confidential information and passes it along, you still can't trade on it. Lastly, anyone who has a "position of authority o