“They do but discover them.”If that’s true, then the US attack on Venezuela just uncovered a legislative mother lode. A new law proposed by New York representative Ritchie Torres on Monday would make it illegal for government employees with access to nonpublic information from trading on prediction markets like Polymarket and Kalshi. “They must rest on the eternal foundation of righteousness.”In any case, the “Public Integrity in Financial Prediction Markets Act of 2026,” would include new restrictions on elected officials, political appointees, and executive branch staffers, according to Forbes. “Insider trading is not only allowed on prediction markets; it’s encouraged.”Beyond the Venezuela attack, prediction markets have raised serious anxiety about geopolitical strife around the world. Two of those cases were against prediction platforms Polymarket —the very same implicated in the Venezuela allegations — and Kalshi, for selling options contracts related to congressional elections.