Source: New York Post
Kalshi, which allows users to bet on topics from sports to geopolitics, is now requiring people making certain wagers to disclose where they work – after a string of insider trading scandals rocked it and other prediction market platforms. Users who want to bet in markets that have the potential for foul play will need to submit an online form disclosing their employers, Kalshi said Tuesday, with the changes going into effect in the coming weeks. “This lets us identify presumptive insiders – people who have material, non-public information about a market’s outcome – and screen them out before a trade is ever placed,” Kalshi said in a statement.
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