Kalshi Fines 3 Candidates for ‘Political Insider Trading.’ One Says He Did It Intentionally

The prediction platform settles with two and took action with one.

BY MOSES JEANFRANCOIS, NEWS WRITER @MOSESJEANS

Illustration: Inc; Photo: Getty Images

It’s no longer called betting on yourself; it’s insider trading. Three political candidates were caught using Kalshi for “political insider trading,” according to the company. But only one of them says it was on purpose. 

The prediction market platform said on Wednesday that it was suspending and fining three candidates........

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