Polymarket's collaboration with the Golden Globe Awards has enabled its prediction markets to accurately forecast 26 out of 27 award categories, with a hit rate of up to 96%, and a total betting volume of over $2.5 million. This success, coupled with recent high-profile events on platforms like Kalshi, has intensified concerns about potential insider trading in the lightly regulated prediction market sector. The industry is increasingly intertwined with cryptocurrencies such as USDT and USDC.