The prediction market said it suspended Artem Kaptur, an employee of the popular YouTuber MrBeast, for insider trading.
Kalshi fined the MrBeast editor, Artem Kaptur, for over $20,000.
The allegations surface as prediction markets look to gain a foothold in Hollywood, which increasingly appears happy to take the money.
An open source project called Scrapling is gaining traction with AI agent users who want their bots to scrape sites without ...
With prediction markets booming, so have concerns about insider trading. Now, Kalshi has disclosed its first public actions against accounts suspected of trading on confidential information.
Kalshi, the prediction betting market, has disclosed its first fines for insider trading, as reported earlier by The Wall Street Journal. In addition to handing down a $20,000 fine to a MrBeast editor ...
This is the first time Kalshi has publicly revealed the results of an investigation into insider trading on its website.
Polymarket is popular because it allows traders to bet on economic data, elections, geopolitical events, tech product ...
The company said it punished the MrBeast employee and another user it said tried to get away with contracts relying on inside information.
Prediction markets, which allow wagers on almost anything in politics, business or culture, takes betting to a new level.
The rise in prediction markets raises critical questions for the future of democracy. In order to ensure that trust and democracy can be upheld in the era of prediction markets, regulations and ...
He got a massive fine and was reported to federal regulators. The post Kalshi Says It’s Busted a MrBeast Staffer for Insider Trading appeared first on Futurism.