Insider Betting Scandal: Soldier Charged as “World Becomes a Casino”

Podcasts > The Watchdog on Wallstreet

Welcome to The Watchdog on Wall Street Podcast. Author, investment banker, consumer advocate, analyst, and trader Chris Markowski exposes the lies and myths of the big brokerage firms, the mainstream press, and the government. Chris explains the news coming out of the complex worlds of finance, economics and politics and the impact it will have on everyday Americans.

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Friday, April 24, 2026

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A shocking case hits Manhattan federal court as a U.S. Army Special Forces soldier is accused of using classified intel to profit on prediction markets. The story fuels a bigger debate: have platforms like Polymarket turned global events into a high-stakes casino? From insider trading concerns to calls for regulation, this breakdown explores the risks, ethics, and growing backlash against betting on world affairs.