- Kalshi suspends 3 congressional candidates for betting on their own races 📹 ABC News —
- Kalshi fines and suspends 3 congressional candidates for wagering on their own elections ABC News —
- Kalshi suspends and fines three congressional candidates in ‘insider trading’ crackdown Seeking Alpha —
- Kalshi suspends three politicians from platform 📹 NBC News —
- Kalshi suspends three politicians for insider trading NBC News —
- Kalshi suspends 3 political candidates for insider trading 📹 CBS News —
- Kalshi suspends 3 political candidates for insider trading CBS News —
- Kalshi suspends three politicians for insider trading on their own elections 📹 NBC News —
- Reality TV Star-Senate Candidate Claims He Intentionally Got Caught Insider Trading on Kalshi to Make a Point Gizmodo —
Kalshi suspends political candidates
The candidates, representing districts in Texas, Minnesota, and Virginia, have been banned from the platform for five years.
One candidate, Mark Moran, claimed on social media that he intentionally placed the bets to get caught and highlight the flaws of prediction markets.
The NFL has also warned platforms like Kalshi about the 'integrity' of betting related to the upcoming draft.
The incident has reignited debate over the regulation of wagering on political outcomes.
Kalshi
American prediction market platform
American prediction market platform
Mark Moran
American travel writer
American travel writer