#kalshi

Kalshi moved to remove sponsored influencer posts tied to conspiracy-laden reactions to the Los Angeles mayoral count, highlighting growing pressure on prediction platforms.

A temporary restraining order has paused Arizona’s criminal case against prediction market company Kalshi, escalating a broader fight over whether states can prosecute firms that say they operate under federal oversight.

A surge in activity on platforms such as Kalshi and Polymarket has collided with a basic problem: millions of users may owe taxes on winnings, but there is still no clear federal playbook for how to report them.

A bipartisan Senate proposal would bar public officials from placing prediction-market bets using nonpublic information, targeting a growing ethics and security gap around Polymarket and Kalshi.

As regional conflict escalated following US and Israeli strikes on Iran, platforms like Polymarket and Kalshi allowed users to bet on the probability of nuclear weapon use in 2026, raising urgent ethical and regulatory questions about the financialization of catastrophe.

Kalshi and Polymarket are allowing users to bet millions on geopolitical events including the Iran conflict, raising ethical questions about profiting from war and death.