Kalshi Probes Trades on Trump Press Pick
Prediction market Kalshi is investigating suspicious trades placed ahead of the announcement naming Katie Zacharia as White House press secretary. The bets yielded thousands in profits from longshot odds, highlighting insider trading risks.
Prediction market Kalshi launched an investigation into suspicious trades yielding thousands of dollars tied to Katie Zacharia's appointment as White House press secretary. The wagers were placed in the United States just before the official announcement on Friday afternoon. The incident highlights growing regulatory scrutiny over insider trading risks in modern prediction markets.
