CoinDesk news: U.S. federal regulators are investigating a script operator who is suspected of using remarks related to President Donald Trump to place bets on the prediction market platform Kalshi. The individual may have used information obtained in advance about the contents of Trump’s public remarks to place bets on whether statements related to Trump would be issued or would include specific wording on the Kalshi platform. Robert Denault, CEO of Kalshi, said that after an internal investigation, the exchange discovered the relevant activity in a timely manner, submitted related trading leads to the U.S. Commodity Futures Trading Commission (CFTC), and is currently cooperating with regulators by providing the evidence collected.

KALSHI-3.18%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 2
  • 2
  • Share
Comment
Add a comment
Add a comment
NoStopAtheist
· 4h ago
Insider trading is everywhere—this time, even teleprompters have been pulled into it.
View OriginalReply0
  • Pinned