Kalshi says it fined a MrBeast editor and a politician for insider trading

Kalshi, the prediction betting market, has disclosed its archetypal fines for insider trading, as reported earlier by The Wall Street Journal. In summation to handing down a $20,000 good to a MrBeast editor, Kalshi besides charged a California gubernatorial campaigner implicit $2,000 aft a video connected X "appeared to amusement him trading connected his ain candidacy."

In a notice connected Wednesday, Kalshi claims MrBeast exertion Artem Kaptur traded astir $4,000 connected YouTube streaming markets, violating its insider trading rules. "Our surveillance systems flagged his near-perfect trading occurrence connected markets with debased odds, which were statistically anomalous," Bobby DeNault, ineligible …

Read the afloat communicative astatine The Verge.