OpenAI confirmed to Wired that it has laid off employees due to their activities on prediction markets, including Polymarket. The company alleged that the employee used OpenAI confidential information in connection with the transaction.
OpenAI did not disclose the employee’s name. But a spokesperson said such actions violated company policy that prohibits employees from using inside information for personal gain, including prediction markets.
Prediction markets like Polymarket and Kalshi allow people to bet on the outcome of real-world events. For example, at Polymarket, bets are being made on what types of products OpenAI will announce in 2026 and when the company will go public. You can handle any event and make eye-popping money. As we recently reported, the accountant won a $470,300 jackpot on Kalshi by betting against DOGE believers.
Prediction Markets claims not to be a gambling site and prefers to classify itself as a financial platform. Kalshi is a regulated exchange and in fact earlier this week fined and banned the MrBeast editor for similar insider trading charges. OpenAI did not immediately respond to a request for further comment.
