Polymarket to Audit "Insider Copy Trading" Projects to Combat Potential Market Manipulation

Odaily News Prediction market Polymarket has announced it will crack down on potential market manipulation and conduct audits on some startups integrated into its ecosystem. These projects were previously accused of guiding users into copy trading by identifying and distributing information on suspected "insider trading accounts."

It is reported that the related projects include Kreo (which focuses on "early detection of insider accounts") and Polycool (which provides an "insider trading guide"). These platforms amplify market concerns about insider trading and manipulation by pushing suspicious account trading data to users. This move by Polymarket indicates it is strengthening compliance management of its platform ecosystem, as it has previously faced ongoing external scrutiny regarding potential insider trading risks in prediction markets. (The Information)