Campaign Staffers Still Betting on Races Despite Crackdown
Campaign staffers continue using Kalshi to bet on elections despite new FEC cross-referencing system. Gaps remain as Congress stalls on regulation.
Tag
6 articles
Campaign staffers continue using Kalshi to bet on elections despite new FEC cross-referencing system. Gaps remain as Congress stalls on regulation.
Meta CEO Mark Zuckerberg met with Kalshi CEO Tarek Mansour about a potential acquisition in 2025 before deciding to build Arena, its own prediction app.
Former Rep. George Santos faces DOJ and CFTC probes for alleged insider trading on Kalshi. He also threatened the NPR reporter who broke the story.
Former Rep. George Santos is under investigation by the DOJ and CFTC for allegedly betting against himself on Kalshi ahead of Trump's State of the Union.
A deep dive into prediction markets reveals how savvy 'sharps' made millions wagering on war, elections, and more, challenging Wall Street.
Minnesota Gov. Tim Walz signed the nation's first law banning prediction markets. The CFTC and DOJ immediately sued, setting up a landmark legal battle.