Kalshi CEO tackles ‘philosophical’ difficulty of cracking down on insider trading

When is insider trading on prediction markets actually insider trading? That’s the question Kalshi CEO, Tarek Mansour, found himself answering on national television Tuesday afternoon. The prediction market recorded one of its highest-ever trading days on Sunday during the Super Bowl. Alongside wagers on who would win the NFL championship, Kalshi users could also place bets on other seemingly innocuous markets. That included a $113 million market for what Puerto Rican pop star Bad Bunny would play as t ...