Kalshi says it fined a MrBeast editor and a politician for insider trading
Kalshi, the prediction betting market, has disclosed its first fines for insider trading, as reported earlier by The Wall Street Journal.
In a notice on Wednesday, Kalshi claims MrBeast editor Artem Kaptur traded about $4,000 on YouTube streaming markets, violating its insider trading rules. “Our surveillance systems flagged his near-perfect trading success on markets with low odds, which were statistically anomalous,” Bobby DeNault, legal …
Read the full story at The Verge.
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