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Kalshi Battles Political Betting Scandals | US News
Prediction markets are heating up — and so are the scandals. Kalshi, the leading platform, is cracking down on political insiders betting on races they’re directly involved in, using FEC data to catch and block trades. But it’s not foolproof: one operative slipped through, and suspended candidates like Minnesota’s Matt Klein and Virginia’s Mark Moran — who even bet on himself to “get caught” — are now fueling controversy. Moran’s fiery X posts vow revenge and propose a “vice tax” to pay down the debt. With local elections on the horizon, Kalshi’s enforcement team is preparing for a bigger…
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