Betting activity by disgraced former Rep. George Santos on the prediction market Kalshi has been flagged to federal authorities, according to a source familiar with the investigation. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. Kalshi alerted the Justice Department and the United States Commodity Futures Trading Commission … Read more
The House Oversight Committee said on Friday that it is opening an investigation into Kalshi and Polymaket over alleged incidents of insider trading by users of the prediction markets. Rep. James Comer of Kentucky, the panel’s chairman, sent letters to Kalshi CEO Tarek Mansour and Polymarket CEO Shayne Coplan requesting internal documents to determine what the companies … Read more
Students discuss what kind of events should be traded on prediction markets. Source link
Prediction market platform Kalshi announced that three politicians were suspended after reportedly betting on their own races. CBS News’ Kelly O’Grady reports. Source link
Kalshi suspends 3 political candidates for insider trading – CBS News Watch CBS News Prediction market site Kalshi has fined and suspended three political candidates from its site for “political insider trading.” CBS News senior business and tech correspondent Jo Ling Kent has more details. Source link
Kalshi suspends three politicians for insider trading Source link
IE 11 is not supported. For an optimal experience visit our site on another browser. New baby elephant makes debut at The National Zoo 01:34 Now Playing Kalshi suspends three politicians from platform 00:52 UP NEXT Massive wildfires explode in Florida and Georgia 01:54 Iran attacks and seizes commercial ships after Trump extends ceasefire 02:22 … Read more
IE 11 is not supported. For an optimal experience visit our site on another browser. New baby elephant makes debut at The National Zoo 01:34 Now Playing Kalshi suspends three politicians from platform 00:52 UP NEXT Massive wildfires explode in Florida and Georgia 01:54 Iran attacks and seizes commercial ships after Trump extends ceasefire 02:22 … Read more
Prediction market Kalshi said Wednesday that it had fined and suspended three political candidates for trading on their own races during primary campaigns. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. “Just like in traditional financial markets, bad actors will try to cheat,” Kalshi said in a statement. … Read more
Arizona became the first state to file criminal charges against Kalshi on Tuesday, accusing the prediction market company of operating an illegal gambling business within its borders, a significant escalation in the fight to regulate the popular platform. The 20-count charging document accuses Kalshi of accepting bets on political outcomes, college sporting competitions and individual … Read more