Kalshi CEO says prediction markets can catch insider trading

Kalshi CEO Tarek Mansour has defended prediction markets against growing insider trading concerns, arguing at DC Fintech Week on October 14 that publicly visible trades make suspicious activity easier to detect and report. Speaking during the Washington event, Mansour described the large number of transactions and public trading information as a “blessing and a curse for prediction markets.” He said the transparency of platforms such as Kalshi can help identify potentially improper trades, citing the company’s handling of former U.S. Representative George Santos.

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