Kalshi, one of the leading prediction markets in the budding industry, announced it caught three U.S. congressional candidates trading on their own elections.

Users on apps like Kalshi and Polymarket are betting on everything from the results of elections to economic decisions and war outcomes — even what words President Donald Trump will say in speeches. The governor said he’s concerned about the lack of oversight,

State Sen. Matt Klein, DFL-Mendota Heights, has issued an apology after he was suspended and fined along with two other congressional candidates by the prediction market site Kalshi for betting on their own races.

State Sen. Matt Klein, a Democrat from Mendota Heights, was suspended from Kalshi after the prediction market company discovered the candidate for Minnesota’s 2nd Congressional District had bet on

Polymarket, the long-time leader in prediction market trading volume, has fallen behind its chief rival as it faces a growing list of operational stumbles in its attempt to reach a crucial audience: US customers.

The prohibition marks the latest sign of the prediction markets' campaign to crack down on insider trading on their platforms.

Have you noticed a lot of young people getting into antenna-maxxing as alpha? Or, maybe searching for any bit of copium after they fat-fingered and got rinsed? Or maybe they farmed during a yes-fest on Mention Markets resulting in some serious printing?