The prediction market Kalshi suspended three political candidates from its platform on Wednesday for “political insider trading” after an internal probe found that they bet on their own campaigns.
Calling it a ‘prediction’ market doesn’t make it any less a gambling site at best, and a vehicle for insider trading at worst. They need to be made illegal.
Calling it a ‘prediction’ market doesn’t make it any less a gambling site at best, and a vehicle for insider trading at worst. They need to be made illegal.
(Edit to fix typos)