FIFA prediction market partner linked to $108m in circular trades, WSJ reports
Regulation · SectorWire deskSource published
Summary
Nearly two-thirds of trading volume on FIFA's official prediction market partner came from a small network of cryptocurrency accounts, according to a Wall Street Journal report. The accounts were apparently involved in circular trades totalling $108m.
Why it matters
Nearly two-thirds of trading volume came from a small network of cryptocurrency accounts involved in circular trades.
Cite as: SectorWire, “FIFA prediction market partner linked to $108m in circular trades, WSJ reports”, 19 October 2026, https://sectorwire.news/item/fifa-prediction-market-partner-linked-to-108m-in-circular-trades-wsj-r/