House Launches Insider Trading Probe into Kalshi and Polymarket
House Oversight Chair James Comer launched an insider trading investigation into Kalshi and Polymarket after suspicious trades tied to U.S. military action.
Archive
Tag: Kalshi
Spain and Indonesia Block Polymarket—Prediction Market Ban Spreads
Spain and Indonesia blocked Polymarket and Kalshi within days, joining a growing global crackdown on prediction market platforms from Brazil to Singapore.
Kalshi Overtakes Polymarket—Prediction Markets Have a New Leader
Polymarket volume fell 8.9% in April while Kalshi surged 13% to $14.8B. A botched upgrade and $7B valuation gap explain the prediction market shake-up.
Schumer Pushes White House to Follow Senate on Prediction Markets
Schumer called on Trump and the House to follow the Senate's prediction-market ban after a soldier allegedly profited $400,000 from insider trading.
Brazil Bans Kalshi, Polymarket and Prediction Market Derivatives
Brazil's central bank banned prediction market derivatives effective May 4. Kalshi's $22B Brazil expansion through XP Inc is now blocked.
The NBA Is Finally Running Toward Prediction Markets—While Congress Tries to Kill Them
The NBA is in active talks with Kalshi and Polymarket about a prediction market deal, sources tell Front Office Sports. A deal could come before next…