Kalshi bans 3 US politicians for betting on their own election races

Kalshi bans 3 US politicians for betting on their own election races

4.84%LINK$9.17 3.63%DOGE$0.09556 0.79%ADA$0.2462 3.29%BTC$77,722 0.22%XLM$0.1753 2.70%SOL$85.73 1.81%XRP$1.41 1.96%BCH$454.56 0.27%ETH$2,340 1.05%HYPE$40.64 1.31%TRX$0.3292 0.92%BNB$635.54 0.72%USD Written by Stephen Katte,Staff WriterReviewed by Felix Ng,Staff EditorKalshi bans 3 US politicians for betting on their own election races1 hour agoMatt Klein, a sitting member of the Minnesota State Senate, said he made a bet out of curiosity, while Mark Moran claimed he wanted to see how Kalshi responds to insider trading activity. Two US congressional candidates and one sitting lawmaker have received fines and bans from Kalshi after they were found betting on the outcomes of their election races, as prediction market platforms crack down on insider trading. Matt Klein, a sitting member of the Minnesota State Senate, was fined $539 for betting on his primary race in his bid for the US House

Source: https://cointelegraph.com/news/kalshi-bans-us-candidates-election-betting-insider-trading?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound