Kalshi Blocks Dozens of Campaign Trades as at Least 1 Insider Bet Slips Through
Updated
Updated · NPR · Jul 9
Kalshi Blocks Dozens of Campaign Trades as at Least 1 Insider Bet Slips Through
3 articles · Updated · NPR · Jul 9
Summary
Kalshi says it stopped dozens of attempted trades by campaign insiders betting on election outcomes, showing staffers are still trying to wager despite tighter controls.
At least 1 insider-linked trade still got through, NPR found, underscoring experts' warnings that Kalshi's screening system leaves loopholes.
Those gaps center on how the platform identifies campaign staff and enforces its insider-trading curbs, allowing some politically connected bettors to evade detection.
The episode highlights a broader challenge for election-betting markets: policing nonpublic political information even after platforms move to restrict insider participation.