Kalshi cracks down on insider trading as Trump family looks to increase prediction market presence

Kalshi has begun aggressively referring suspected insider trading misconduct to federal authorities, citing its role in banning market manipulation and requiring public reporting of trades to the CFTC daily. The company's systems flagged suspicious activity involving former Congressman George Santos related to the State of the Union address. Furthermore, federal authorities have investigated a former White House teleprompter operator regarding advanced knowledge used in trading on Kalshi markets.