Kalshi says it has suspended an editor for MrBeast and a former GOP California gubernatorial candidate for insider trading, its first public enforcement action
An editor who works for YouTube's biggest creator, MrBeast, has been suspended from the prediction market platform Kalshi …
NPR Bobby Allyn
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Discussion
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@chairmanselig
Mike Selig
on x
Our exchanges are the @CFTC 's first line of defense in policing insider trading in prediction markets. I'm pleased to see that our exchanges are adhering to their oversight responsibilities as self-regulated organizations and our Enforcement Advisory today reflects that. Let m…
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@bobbyallyn
Bobby Allyn
on x
A MrBeast spokesman: “We have a longstanding policy in place against employees using proprietary company information in order to safeguard the highest standards and ethics throughout our organization,” adding that employees are banned from trading on prediction markets in MrBeast…
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@boringbiz_
@boringbiz_
on x
This feels like a step in the right direction for prediction markets as a whole I am a huge believer that prediction markets are incredible truth finding mechanisms. Maybe even more importantly, they have a ton of utility to both public and private market investors who want to h…
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@solgurunft
@solgurunft
on x
> MrBeast's video editor Artem Kaptur bet on upcoming video markets stuff > He traded around $4k won almost every low odds bet made $5,397 profit FINED > $20,397 total fine (profit returned + penalty) > 2 year ban Another case: - former california governor candidate Kyle Langford…
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@robertjdenault
@robertjdenault
on x
Today we're releasing information about two insider trading cases. In both cases, our systems flagged the trades and our surveillance team froze each trader's account. Neither trader withdrew any profits. More information about our investigations below🧵 [image]
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@kalshi
@kalshi
on x
FAFO. If you insider trade or manipulate the market, there will be consequences. [image]
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@forthewynn_
Sarah Wynn
on x
Predictions market Kalshi says it has closed two insider cases involving a former California gubernatorial candidate and an editor who worked at the popular YouTube channel MrBeast. 👀 This comes about a month after lawmakers raised concerns about insider trading, and as debate c…
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@tiktokinvestors
@tiktokinvestors
on x
'Yes. That's right. Get rid of the evidence trail and pin it on Mr Beast HQ' [image]
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@robertjdenault
@robertjdenault
on x
1/ In May, our surveillance team viewed a video posted online by a candidate for Governor of California that appeared to show him trading on his own candidacy. We immediately froze his account and opened an investigation. The candidate was initially cooperative and acknowledged
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@robertjdenault
@robertjdenault
on x
No system is perfect. No financial exchange is immune from bad actors - not stock exchanges, not banks, not prediction markets. We're committed to finding and deterring bad actors on Kalshi. And, as always, we welcome any tips if you suspect anyone is breaking Kalshi rules.
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@onthemedia
@onthemedia
on bluesky
“It's the first time the company has publicly revealed the results of an investigation into market manipulation on the popular app. — The MrBeast employee, who Kalshi identified as Artem Kaptur, traded around $4,000 on markets related to the streamer, the company said.
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@csfrayer
Corey Frayer
on bluesky
Isn't one of the vaunted benefits of prediction markets that they draw out insider information and bring it to the public domain? — How does that work if you've got anti-insider-trading policies? — www.npr.org/2026/02/25/n...
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@nathangrayson
Nathan Grayson
on bluesky
considering that insider trading is basically the whole point of prediction markets, I imagine this is gonna play out like the ufc's approach to drug testing: drag a couple idiots who were too obvious about it into the public square every once in a while and look the other way th…
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@tcarmody
Tim Carmody
on bluesky
It turns out when you invent a market where you can bet on anything, you invent a market where you can manipulate any outcome [embedded post]
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r/news
r
on reddit
Kalshi reveals insider trading case against editor for MrBeast
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r/Kalshi
r
on reddit
Two Insider Cases We've Recently Closed
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r/nottheonion
r
on reddit
Kalshi reveals insider trading case against editor for MrBeast