Kalshi

Kalshi suspends three politicians from platform

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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

Kalshi suspends three politicians from platform

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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

Kalshi fines and suspends three politicians for insider trading on their own elections

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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 hits Kalshi with criminal charges, escalating fight between states, markets

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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

Arizona files criminal charges against Kalshi, alleging it is engaged in illegal gambling

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Arizona’s attorney general on Tuesday filed criminal charges against Kalshi, alleging the prediction market platform is engaging in illegal gambling practices and election wagering. The complaint, filed in Maricopa County, Arizona, includes 20 separate counts against Kalshi, claiming the company accepted bets from Arizona residents in violation of state law. The bets in question focused … Read more

Utah’s anti-gambling tradition meets Kalshi and Polymarket in a new legal fight

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SALT LAKE CITY — For more than a century, Utah has kept gambling almost entirely out of the state. There are no casinos, no lotteries and no racetracks that allow bets, a prohibition rooted in the conservative ideals of The Church of Jesus Christ of Latter-day Saints, which views gambling as a vice that leads … Read more

Kalshi fines and suspends MrBeast employee for insider trading

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Kalshi on Wednesday said it fined and suspended an employee of the popular YouTuber MrBeast for insider trading, marking one of the first disciplinary actions within the fast-growing prediction market industry. The case involved bets on certain events occurring in MrBeast’s videos, which were flagged by Kalshi’s surveillance team for their “near-perfect trading success on … Read more