Stephen Piepgrass, leader of Troutman Pepper Locke’s Regulatory Investigations, Strategy + Enforcement (RISE) Practice Group, was quoted in the March 2, 2026 The New York Sun article, “When Betting Markets Become Bounty Systems: Polymarket’s Dangerous New Frontier.”

  • “It’s about fundamental fairness,” regulatory attorney specializing in futures trading, Stephen Piepgrass, tells the Sun. “Do you want to be placing bets in an area where some people have information directly relevant to winning that bet, but you do not?”