Kalshi suspends political candidates

Ezekiel Enriquez, Matt Klein, and Mark Moran were found to have violated exchange rules designed to prevent insider trading.

Moran, an independent running for the U.S. Senate in Virginia, claimed he made the wager intentionally to demonstrate the potential for abuse in prediction markets.

The NFL has also warned Kalshi and its rival Polymarket about maintaining the 'integrity' of the upcoming draft.

These disciplinary actions come as wagering on political and sporting events reaches record levels of popularity and regulatory scrutiny.