Kalshi suspends candidates for betting

The sanctioned individuals include an independent Senate candidate from Virginia and two House candidates from Minnesota and Texas.

Kalshi officials stated that the trades violated new guardrails designed to prevent participants from influencing events they control.

One candidate, Mark Moran, claimed he placed the bets intentionally to highlight flaws in the platform's oversight.

The enforcement action highlights growing concerns about the integrity of prediction markets as they become increasingly popular tools for political forecasting.