Kalshi Bans Candidates for Insider Trading

Kalshi Bans Candidates for Insider Trading

Author: The Daily News Now! April 23, 2026 Duration: 1:13
Charleston West Virginia News Today | 2 Min News | The Daily News Now!
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Kalshi, a prediction market platform, penalized three political candidates for insider trading by betting on their own campaigns. The candidates, including a Democratic hopeful in Minnesota and a Republican in Texas, were fined and suspended from the site. The independent Senate runner in Virginia, who admitted to betting on his campaign announcement, received the heaviest fine. Kalshi is stepping up its efforts to detect and prevent cheating as these markets expand.

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