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Mmastodon WorldPolitics first seen 12 h ago, last 9 min ago, peak #1

Kalshi Probes Betting on Trump's Press Secretary Pick

Original: Kalshi Probes Bets on Trump's Pick for New White House Press Secretary https://www.wsj.com/finance/regulation/kalshi-pro

Prediction market Kalshi is examining wagers related to President-elect Donald Trump's choice for the next White House press secretary. The probe raises questions about whether traders are acting on insider information about a personnel decision that has not yet been announced, drawing scrutiny to how event contracts tied to political appointments are policed.

Why now: Concerns about possible insider trading on political prediction markets as Trump fills key White House roles

KalshiDonald TrumpWhite House

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