Kalshi suspends 3 political candidates for betting on own rushes
Corroborated by 5 sources from 5 publishers
TL;DR
Reports differ across sources; according to cnbc.com, prediction market platform Kalshi said Wednesday it had suspended and fined three candidates for Congress from Minnesota, Texas and Virginia for "political insider trading" activity on their own campaigns.
Sources
1
The Hill Technology
https://thehill.com/policy/technology/5843833-kalshi-enforces-prediction-market
2
Forbes Business
https://www.forbes.com/sites/zacharyfolk/2026/04/22/kalshi-bans-and-fines-three-politicians-for-placing-bets-on-their-own-races
3
Engadget
https://www.engadget.com/big-tech/kalshi-suspended-three-political-candidates-from-its-platform-for-insider-trading-222433937.html?src=rss
4
The New York Times
https://www.nytimes.com/2026/04/22/us/kalshi-suspends-politicians-trading-elections.html
5
CNBC Top News
https://www.cnbc.com/2026/04/22/kalshi-insider-trading-congress.html