2026-01-08 05:20:17

The prediction market sector is set to stir again. The insider trading controversy surrounding Polymarket and its involvement in Venezuelan political events is still fermenting, and competitors like Kalshi are seizing the opportunity to speak out. On January 8, Kalshi CEO Tarek Mansour publicly stated that the company fully supports the legislative proposal pushed by New York Democratic Congressman Ritchie Torres. The core goal of this bill is very clear—prohibiting government officials from engaging in insider trading on prediction market platforms by leveraging their official positions. The implied message is obvious: Kalshi has a stronger handle on compliance and regulation. This controversy also reflects that, as prediction markets continue to gain popularity in the U.S., regulatory authorities are increasingly focused on platform risk management. Industry experts generally believe that how these platforms establish effective defenses against insider trading is becoming a key factor influencing their long-term development.

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BlockchainArchaeologist

· 01-10 04:57

Polymarket got what it deserved this time; insider trading doesn't look good on anyone. Kalshi's move was clever, taking advantage of the situation.

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TradingNightmare

· 01-10 02:06

Insider trading tricks will eventually collapse. Kalshi's move to ride the hype is quite clever. Polymarket really flopped this time. Officials dare to manipulate retail investors through your platform, and you still want to keep making money? Everyone is hyping up compliance as a big deal, but can it really hold up? I think they're all about the same level. Only when regulation comes do they realize their defenses are weak. It's too late, everyone. These platforms are just waiting for something to go wrong before they start to regulate, it's hilarious. If officials can't even investigate insider trading, what compliance are they talking about? Pure nonsense. Kalshi's public opinion manipulation was well executed; it’s like a master being beaten by a flurry of punches. The problem is, what’s the use of passing legislation if no one supervises its enforcement?

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rugpull_survivor

· 01-08 05:50

Haha, Kalshi's timing is perfect this time. Polymarket shot itself in the foot, and now they are sitting back to reap the benefits.

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LiquidationTherapist

· 01-08 05:48

Polymarket has crashed again, Kalshi's marketing this time is impressive, they even dared to touch the idea of official insider trading.

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GateUser-c802f0e8

· 01-08 05:48

Haha, Kalshi's move to ride the hype wave is really clever. When Polymarket crashed, they immediately came out to showcase their compliance. Isn't this just a subtle way of saying "Look, we have nothing to do with that"? --- Insider trading defense is essentially a game of money. Who can really prevent it, do you believe it? --- So now, the competitiveness of prediction markets depends on whose risk control is tougher? This logic is interesting, turning regulation directly into a selling point. --- Government officials going to predict insider trading in the market... this script is so realistic. The US system is truly outrageous. --- Kalshi's CEO's recent statement is a hit or miss; it's basically a direct diss of Polymarket. The industry insiders' little tricks are all transparent.

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