Kalshi CEO Tarek Mansour expects the US Department of Justice to prosecute insider trading cases on prediction markets like his platform. He stated that insider trading on such platforms constitutes a federal crime and revealed that Kalshi has already released some cases with more coming. The comments come amid growing concerns about suspiciously timed bets on public events through prediction markets.
Background
Prediction markets like Kalshi and Polymarket allow users to bet on real-world events, but have faced scrutiny over potential insider trading where individuals with privileged information could profit from early knowledge of outcomes.
- Source
- hackernews
- Published
- Apr 16, 2026 at 02:11 AM
- Score
- 5.0 / 10