The GuardianApr 22, 9:10 PM

Prediction site Kalshi fines three US candidates who bet on own elections

Disclosures come after firm tightened rules on insider trading, including candidates betting on own campaigns Before he announced his Senate candidacy, a political hopeful in Virginia did something not so unusual in this day and age: he logged on to a prediction market exchange and wagered money that he would run. Then he ran. Then he bet on that too. The candidate and trader was Mark Moran , a former FBoy Island contestant who went viral recently for his campaign launch video. Investigators wi...

Al JazeeraApr 22, 10:03 PM

Prediction market Kalshi docks three US candidates for betting on own races

Penalties come amid calls for greater oversight; company pledges to proactively police 'insider trading' on platforms.

The New York TimesApr 22, 10:43 PM

Kalshi Fines and Suspends 3 Political Candidates for Betting on Their Races

The prediction market said the candidates violated new rules as it faces growing scrutiny from lawmakers and regulators over how political betting is policed.

The GuardianApr 22, 9:10 PM

Prediction site Kalshi fines three US candidates who bet on own elections

Disclosures come after firm tightened rules on insider trading, including candidates betting on own campaigns Before he announced his Senate candidacy, a political hopeful in Virginia did something not so unusual in this day and age: he logged on to a prediction market exchange and wagered money that he would run. Then he ran. Then he bet on that too. The candidate and trader was Mark Moran , a former FBoy Island contestant who went viral recently for his campaign launch video. Investigators wi...

Al JazeeraApr 22, 10:03 PM

Prediction market Kalshi docks three US candidates for betting on own races

Penalties come amid calls for greater oversight; company pledges to proactively police 'insider trading' on platforms.

The New York TimesApr 22, 10:43 PM

Kalshi Fines and Suspends 3 Political Candidates for Betting on Their Races

The prediction market said the candidates violated new rules as it faces growing scrutiny from lawmakers and regulators over how political betting is policed.