Wintermute CEO Evgeny Gaevoy has publicly condemned insider trading within prediction markets, labeling it as unethical. Gaevoy emphasized that normalizing insider trading as a market feature would be regrettable, particularly on platforms like Polymarket and Kalshi. He urged individuals to avoid trading if they suspect access to non-public information, highlighting the potential legal consequences and ethical breaches involved. Gaevoy stressed that exploiting certain outcomes due to insider knowledge undermines market integrity and exploits uninformed participants.