CFTC Investigates Trump Official for Alleged Inside Information Trading on Kalshi Prediction Market

KALSHI-5.51%
The U.S. Commodity Futures Trading Commission (CFTC) is investigating a Trump administration official allegedly responsible for teleprompter operations over suspected insider trading on prediction market platform Kalshi. The individual allegedly used advance knowledge of presidential statements to bet on whether specific announcements would be made or contain certain phrases. CFTC is examining whether the trades violated regulations prohibiting non-public information use in prediction market contracts.
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