%{{tag.tag}} {{articledata.title}} {{moment(articledata.cdate)}} @{{articledata.company.replace(" ","")}} comment Cryptoprowl / Prediction market Kalshi has singled out several users of its platform for disciplinary actions over insider trading. Multiple users of the prediction market are accused of making improper trades based on their inside knowledge of their own political situations. "Cases like these demonstrate Kalshi's commitment to policing all types of unfair or improper trading on our platform," said the company in a statement posted to its website. Kalshi, which is regulated by the U.S. Commodities Futures Trading Commission (CFTC), says it has an obligation to act against insider trading. The insider trading cases involve Mark Moran, a former investment banker, who said on social media that he placed a Kalshi bet on his own candidacy in the Virginia U.S. Senate race. Moran has yet to come to an agreement with Kalshi on a penalty for his actions. Matt Klein, a state lawmaker who is running as a Democrat for a U.S. House seat in Minnesota, also made a bet on his candidacy, but he settled with Kalshi for a 5-year ban and $540 U.S. fine. Ezekiel Enriquez, a candidate for a U.S. House seat, is accused of betting on his own election in Texas. The Republican was given a five-year suspension and a $784 U.S. fine. Allegations of insider trading continue to be leveled against prediction markets such as Kalsi and Polymarket, with some U.S. states filing lawsuits against the platforms over the misconduct. Kalshi, in particular, has been involved in multiple legal clashes with U.S. state regulators and law enforcement over whether its prediction market is legal or not. Currently, Kalshi is a private company and its stock doesn't trade on a public exchange.