#kalshi

@TheBadPlace@mastodon.ozioso.online · Jun 03, 2026

NBC News Top Stories | George Santos betting activity on Kalshi flagged to DOJ, source says by Matt Lavietes AI generated summary, Read the full article for complete information. Betting activity by disgraced former Rep. George Santos on the prediction‑market platform Kalabi was flagged to the Justice Department and the Commodity Futures Trading Commission after the site detected that he had placed wagers against his own stated intention to attend President Donald Trump’s State of the Union address – a bet he publicly denied by claiming he would be in the gallery, yet he ultimately missed the event. The alert has prompted a federal investigation, which Santos acknowledged in a social‑media post, though he denied any wrongdoing. Santos, expelled from Congress in 2023 and already convicted of wire fraud, identity theft and money‑laundering (receiving an 87‑month prison sentence that former President Trump later commuted), is now facing scrutiny over possible insider‑trading violations linked to his Kalshi wagers. Read more: https://www.nbcnews.com/news/crime-courts/george-santos-betting-activity-kalshi-flagged-doj-rcna348267 #GeorgeSantos #Kalshi #DOJ #CFTC #DonaldTrump

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The Bad Place

@TheBadPlace@mastodon.ozioso.online · May 22, 2026

US Top News and Analysis | Oversight Chairman Comer launches congressional probe into insider trading on Kalshi, Polymarket AI generated summary, Read the full article for complete information. House Oversight and Government Reform Committee Chairman James Comer announced a congressional investigation into potential insider‑trading activity on prediction‑market platforms Kalshi and Polymarket. Citing trades that appeared to exploit inside information on elections, U.S. military actions, and other political events, Comer has requested documents from both companies on how they verify user identities, enforce geographic restrictions, and detect anomalous trading. The probe follows recent high‑profile cases—including a U.S. soldier allegedly profiting from a bet on Venezuelan politics and dozens of users placing suspicious wagers ahead of strikes in Iran—prompting bipartisan calls for legislation to bar members of Congress, government employees, and presidential administration officials from participating in such markets. Kalshi, regulated by the CFTC, says it does not allow bets on war or death, while Polymarket, a blockchain‑based platform licensed in Panama, operates under limited U.S. regulation. Both firms have said they are tightening internal rules after the suspicious trades were revealed. Read more: https://www.cnbc.com/2026/05/22/kalshi-polymarket-comer-insider-trading-probe-congress.html #JamesComer #Kalshi #Polymarket #CFTC #HouseOversight #TarekMansour #ShayneCoplan #NicolasMaduro #ChrisPappas

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The Bad Place

@TheBadPlace@mastodon.ozioso.online · May 21, 2026

US Top News and Analysis | SpaceX, OpenAI valuations would mean they leapfrog Berkshire Hathaway on first day of trading AI generated summary, Read the full article for complete information. Prediction‑market traders on platforms like Kalshi and Polymarket see a wave of mega‑IPOs from SpaceX, OpenAI and Anthropic that could dwarf even Berkshire Hathaway’s market cap. SpaceX has filed to go public on Nasdaq and is valued at about $1.25 trillion; traders give it a 56 % chance of closing its debut above $2.2 trillion. OpenAI, recently valued at $852 billion, is expected to file for an IPO in 2026 with a 92 % probability, and a 65 % chance of starting trading above $1.4 trillion. Anthropic, valued near $900 billion, carries a 69 % likelihood of an IPO this year and a 47 % chance of a debut above $1.8 trillion. If realized, each would join the “$1‑trillion club” and surpass the market caps of Berkshire Hathaway, Meta and Tesla, even though SpaceX and OpenAI remain unprofitable. Analysts note that while the U.S. market—about $70 trillion in total—could absorb such offerings, the rapid succession of high‑valued IPOs raises questions about sustained demand. Read more: https://www.cnbc.com/2026/05/21/spacex-openai-valuations-to-leapfrog-berkshire-hathaway-traders-say.html #SpaceX #OpenAI #BerkshireHathaway #Anthropic #Kalshi #AdrianCox

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Molly White

@molly0xfff@hachyderm.io · Apr 03, 2026

“It’s honestly been eye opening (in a bad way) to see how special interests work in our system” says the Head of Politics at Kalshi, which pays Donald Trump Jr. to sit on its advisory board and has spent over a million in lobbying over the past ~year. The government has just filed a lawsuit to intervene to protect Kalshi from several state regulators. #Kalshi

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Flipboard Tech Desk

@TechDesk__dup_26315@flipboard.social · Mar 06, 2026

Prediction markets in the news are a dangerous gamble, argues @nilay_patel in his latest podcast. "Why platforms like Kalshi and Polymarket want so badly to be seen as sources of news, instead of anything-goes casinos." https://flip.it/WNaOCt #Prediction #Kalshi #Polymarket #Tech #Technology

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Flipboard Tech Desk

@TechDesk__dup_26315@flipboard.social · Mar 02, 2026

People have spent millions gambling on politics and geopolitics via sites like Kalshi and Polymarket — so they're essentially profiting from death and war. @jasonkoebler@mastodon.social calls this the "depravity economy." Here's his story for @404mediaco@mastodon.social. https://flip.it/.y8Pv6 #Iran #Kalshi #Polymarket #Betting

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