Kalshi Clears 'Backlog' of Suspicious Activity, Plans to Disclose Actions Against Insider Trading

When Robert DeNault joined Kalshi’s four-person legal team in October, it was under the assumption that his background investigating white collar crimes could come in handy.  Now serving as the prediction market’s head of enforcement, the former associate at law firm White & Case told Decrypt that Kalshi is preparing to disclose a wave of disciplinary actions that have been taken against users—the result of a monthslong effort to clean up a “backlog” of potential trading violations. “It’s taken a big chunk ...