Kalshi is investigating trading on a prediction contract tied to Donald Trump’s press secretary pick, according to The Wall Street Journal. The report said three wagers placed before reports of Katie Zacharia’s selection cost about $19, $74, and $80. The contract has already settled to Yes, indicating the market resolved in favor of that outcome. What remains unclear is whether restrictions on individual withdrawals still apply. The case puts attention on how prediction markets handle trading activity that appears to come before public reporting on political personnel decisions. TheDefiant cited the Journal’s account and noted that the platform’s treatment of customer withdrawals has not been clearly detailed in the report.
Kalshi is probing activity in a prediction market tied to Donald Trump’s press secretary pick, according to The Wall Street Journal.
The report said three wagers, costing about $19, $74, and $80, were placed before reports emerged that Katie Zacharia had been selected.
The contract has since settled Yes. It is still unclear, however, whether withdrawal restrictions on individual accounts remain in place.
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