Prediction site Kalshi fines three US candidates who bet on own elections

Prediction site Kalshi fines three US candidates who bet on own elections

Disclosures come after firm tightened rules on insider trading, including candidates betting on own campaignsBefore he announced his Senate candidacy, a political hopeful in Virginia did something not so unusual in this day and age: he logged on to a prediction market exchange and wagered money that he would run. Then he ran. Then he bet on that too.The candidate and trader was Mark Moran, a former FBoy Island contestant who went viral recently for his campaign launch video. Investigators with K...

Original Source

Read the full article at Theguardian →

KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.