Trump’s teleprompter operator under federal investigation over alleged $90K Kalshi insider trading bet

Trump's teleprompter operator under federal investigation over alleged $90K Kalshi insider trading bet

U.S. President Donald Trump’s longtime teleprompter operator Gabriel Perez is under investigation by federal regulators for alleged insider trading on prediction market platform Kalshi, and the White House has placed him on unpaid leave, Reuters reported.The investigation focused on transactions allegedly conducted on Kalshey’s “mention market,” in which users bet on whether specific words or … Read more

Kalshi users lost nearly $600 million when shorting professional traders: report

Hindustan Times News

one New report from the Roosevelt InstituteThe New York-based think tank claims that ordinary people using the prediction market Kalshi have lost nearly $600 million since the platform was launched in 2018. According to the report, average users lost approximately $583.5 million betting on different real-world events through Kalshi. A new report claims that Kalshi … Read more