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Kalshi Requires Employer Disclosure for Certain Prediction Markets to Combat Insider Trading

Prediction Market

2026-06-10 00:19:47

KALSHI-2.13%

According to Wall Street Journal, Kalshi announced on June 10 that it will require users participating in certain prediction markets to disclose employer information to prevent insider trading and market manipulation. Users trading in sensitive markets involving corporate performance and national security, including Iran-related conflicts, must submit online forms disclosing their employers. The platform reported filing over 20 reports to the CFTC and Department of Justice in Q1 2026, including cases involving former Congressman George Santos and accounts linked to military spouses. Some accounts placed accurate bets days before Venezuela's former president was arrested, raising suspicions of non-public information use.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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