OpenAI fires employee for using confidential info on prediction markets

OpenAI fires employee for using confidential info on prediction markets
By: technology Posted On: February 27, 2026 View:

OpenAI has fired an employee over the employee’s activity on prediction markets, including Polymarket, the company confirmed to Wired. The employee used confidential OpenAI information in connection with the trades made, the company alleges.

OpenAI didn’t release the name of the employee. However, a spokesperson said that such actions violated a company policy that bans workers from using inside information for personal gain, including on prediction markets.

Prediction markets like Polymarket and Kalshi allow people to make wagers on the outcomes of real-world events. For instance, on Polymarket, there are wagers being made around the kind of products OpenAI will announce in 2026 and when the company will go public. They can cover any event, and some eye-popping money can be made. As we recently reported, an accountant won a $470,300 jackpot on Kalshi by betting against DOGE believers.

Prediction markets insist they are not gambling sites, preferring to label themselves as financial platforms. Kalshi is a regulated exchange and, in fact, it fined and banned a MrBeast editor for similar alleged insider trading earlier this week. OpenAI did not immediately respond to a request for additional comment.

Read this on technology



Header Banner



Note: There may be some affiliate / associate links throughout the pages of this site. By buying through the links we may receive a commission for the sale. This has no effect on the price you pay.
  Contact Us
  • We would love to hear from you
  • infobuxx@allsites.zendesk.com
  Follow Us
Site Map
Get Site Map
  About

Infobuxx: Your go-to source for the latest in entertainment, health, business, politics, sports, movies, economics, and trending news. Stay informed and entertained with updates that matter!