Shocking no one. Though, why is insider trading for stocks still legal?
These people were banned because it fucked up Kalshi's potential earnings. If people think the system can be easily rigged they will stop using it. (Except for stocks.....)
Archive: https://archive.today/OenoZ
From the post:
>Prediction market platform Kalshi said Wednesday it had suspended and fined three candidates for Congress from Minnesota, Texas and Virginia for “political insider trading” activity on their own campaigns.
Kalshi said in a statement that all three candidates “were flagged because of our newly released safeguards to block political candidates from trading on their own elections.”
The sanctioned candidates were Mark Moran, who had been a candidate in Virginia’s Democratic primary for the Senate before deciding to seek the seat as an independent; Minnesota Democrat Matt Klein, who is running the primary for that state’s 2nd Congressional District; and Ezekiel Enriquez of Texas, who ran in the Republican primary for the state’s 21st Congressional District.
Shocking no one. Though, why is insider trading for stocks still legal?
These people were banned because it fucked up Kalshi's potential earnings. If people think the system can be easily rigged they will stop using it. (Except for stocks.....)
Archive: https://archive.today/OenoZ
From the post:
>>Prediction market platform Kalshi said Wednesday it had suspended and fined three candidates for Congress from Minnesota, Texas and Virginia for “political insider trading” activity on their own campaigns.
Kalshi said in a statement that all three candidates “were flagged because of our newly released safeguards to block political candidates from trading on their own elections.”
The sanctioned candidates were Mark Moran, who had been a candidate in Virginia’s Democratic primary for the Senate before deciding to seek the seat as an independent; Minnesota Democrat Matt Klein, who is running the primary for that state’s 2nd Congressional District; and Ezekiel Enriquez of Texas, who ran in the Republican primary for the state’s 21st Congressional District.
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