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Kalshi Faces 200 Insider-Trading Probes — Quiet Change May Reshape Prediction Markets

According to the post, 200 investigations involve Kalshi (prediction market platform), and a little-noticed change is described as capable of quickly remaking prediction markets (trading on event outcomes).

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Terms & Concepts
  • Prediction markets: Platforms where traders buy and sell contracts tied to event outcomes.
  • Insider trading: Using nonpublic information to trade for advantage; prohibited in regulated markets.