Prediction market platform Kalshi said it suspended and fined three candidates for Congress from Minnesota, Texas and Virginia for “political insider trading” activity on their own campaigns. Kalshi said all three “were flagged because of our newly released safeguards to block political candidates from trading on their own elections.” The sanctioned candidates were Mark Moran, a candidate in Virginia’s Democratic primary for the Senate; Minnesota Democrat Matt Klein, who is running in the primary for that state’s 2nd Congressional District; and Ezekiel Enriquez of Texas, who is running in the Republican primary for the state’s 21st Congressional District.
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Prediction market platform Kalshi said it suspended and fined three candidates for Congress from Minnesota, Texas and Virginia for “political insider trading” activity on their own campaigns. Kalshi said all three “were flagged because of our newly released safeguards to block political candidates from trading on their own elections.” The sanctioned candidates were Mark Moran, a candidate in Virginia’s Democratic primary for the Senate; Minnesota Democrat Matt Klein, who is running in the primary for that state’s 2nd Congressional District; and Ezekiel Enriquez of Texas, who is running in the Republican primary for the state’s 21st Congressional District.
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