Kalshi

Kalshi says it’s punishing its first insider trader: a MrBeast staffer

Kalshi said Wednesday that it banned and fined a MrBeast editor and a California politician for making banned trades, the first public enforcement action taken by the US-regulated prediction market.The company said the video editor, Artem Kaptur, violated its insider trading rules by wagering about $4,000 on YouTube streaming markets.…

Nevada sues Kalshi as federal regulators say back off

Nevada gambling regulators sued the prediction markets company Kalshi on Tuesday, saying the platform’s rapid growth forced their hand.The Nevada Gaming Control Board and the state attorney general sued in Carson City District Court shortly after a federal appeals court rejected a request by Kalshi to stop the state from…