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DOGE Veterans Are Landing Big Jobs at Prediction Markets

Polymarket and Novig have both recently brought ex-DOGE affiliates onboard as scrutiny of the industry intensifies.

DOGE Veterans Are Landing Big Jobs at Prediction Markets

Veterans of the now-defunct DOGE program are finding prominent roles in the rapidly growing world of prediction markets. Former Accel investor, Mendelson, worked as an adviser to the SEC chairman under DOGE before leaving the agency less than a year later. Polymarket, facing an ongoing investigation, chose not to comment. Mishory, an ex-CFTC regulator instrumental in shaping the SEC’s prediction market framework, recently moved to Novig as its chief regulatory and legal affairs officer.

Novig's CEO, Jacob Fortinsky, praised Mishory’s influence during his time at DOGE and SEC. Mishory emphasized his approach of listening to experts within the organization, a strategy he believes has democratized knowledge in prediction markets. The industry’s rapid expansion has drawn regulatory attention, with critics arguing that prediction markets could enable corruption and violate gambling laws.

Despite opposition, leaders in the sector aim to rival global commodities and futures markets, receiving support from the Trump administration.

Written by urgent.news from Wired Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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