Kalshi bans ex-Congressman for life concluding he likely was insider trading

Kalshi bans ex-Congressman for life concluding he likely was insider trading(apnews.com)

16 points by theanonymousone 10 days ago | 3 comments

brikym 9 days ago |

Surely this is just a token effort. These platforms are made for insiders. If you're not an insider or hedging then you're doing it wrong.

cyanydeez 9 days ago | |

Or basic casino logic: ban the winners

brikym 8 days ago | | |

I think you're right. The house doesn't lose when the winners win, they just want volume. They probably want to at least _appear_ to be fair so they don't lose the retail (dumb) money.