Kalshi claims its peer-to-peer market structure makes it more fair than traditional sportsbooks. But users often face an opponent even more formidable than a traditional house: Wall Street.
Kalshi
Posted inPolitics
Fake Poll Scandal Has All the Earmarks of a Pump-and-Dump Scheme
If you wanted to rig political prediction markets, this is exactly how you would do it.
Posted inEconomic Policy
The CFTC’s Word Games Legalizing Gambling
The regulator’s proposal for online prediction markets stands in clear opposition to congressional statute and its own rulemaking.