Kalshi Sounds Alarm on Insider‑Trade Bets After Trump Press Secretary Pick

The Kalshi investigation into unusual trading activity on its prediction market appears tied to the recent appointment of Trump’s press secretary, raising concerns about possible Trump press secretary trades and insider trading, and highlighting a potential breach of market integrity.

The probe underscores the inherent vulnerability of prediction markets to prediction market insider trading, threatening their credibility and fairness, and may prompt regulators to increase crypto derivatives oversight.