Kalshi fines and suspends three politicians for insider trading on their own elections
Mark Moran was fined over $6,200 and suspended by Kalshi for trading on his own Virginia Senate campaign outcome.
Bad Look
tl;dr
Prediction market Kalshi has fined and suspended three political candidates for "political insider trading" after they bet on the outcomes of their own primary races. The candidates, from Minnesota, Texas, and Virginia, face five-year bans from the platform.
Discussion
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