Polymarket introduces Palantir and TWG AI to monitor the rapidly growing sports betting market

According to Bloomberg, citing informed sources, Polymarket is hiring companies including Palantir Technologies to help regulate its sports contract trading. This move is particularly noteworthy as the prediction market faces increasing scrutiny over insider trading issues.

Informed sources stated that Palantir Technologies and TWG AI will assist Polymarket in identifying, preventing, and reporting suspicious activities. These individuals requested anonymity as the information has not been made public.

They also mentioned that the measures include screening participants to cross-check against existing lists to confirm whether individuals who have been banned from participating in sports betting are attempting to trade on the platform.