A financial prediction platform has launched an internal probe after detecting unusual trading activity tied to the upcoming announcement of President Trump’s next press secretary. Investigators are examining at least three suspicious bets placed just before major news outlets confirmed the selection, raising questions about potential insider involvement. The company has not yet disclosed whether the trades were linked to illegal activity or simply an anomaly in its market mechanics. Details on the outcome of the investigation remain pending as regulators and media outlets continue to scrutinize the timing of the bets.
Prediction market Kalshi has opened an investigation into suspicious bets related to President Trump’s selection of his next press secretary, The Wall Street Journal reported. The company said that it was looking into at least three trades placed on its platform shortly before news outlets began announcing the appointment of Katie Zacharia to the White...