ChainThink reports that on March 10, Bloomberg, citing sources familiar with the matter, said Polymarket is hiring companies including Palantir Technologies to assist in regulating its sports betting contracts. This move is particularly notable as prediction markets face increasing scrutiny over insider trading concerns.
Sources say Palantir Technologies and TWG AI will assist Polymarket in identifying, preventing, and reporting suspicious activity. Due to the information not being publicly disclosed, these sources requested anonymity.
They also stated that the measures include screening participants against existing lists to identify any individuals prohibited from participating in sports betting who may attempt to trade on the platform.