Prediction market platform Kalshi announced it will verify user employment information in certain markets to reduce insider trading risks, following increased scrutiny of prediction market use by government employees and officials.

The Independent

Washington Examiner

Prediction market platform Kalshi will start verifying the employment of its users in markets that are at high risk for insider trading, the company announced on Tuesday. The announcement comes as beltway pundits and taxpayers have brought increased scrutiny to the use of prediction market platforms among government employees and public officials in Washington, D.C. […]