Key highlights:
- Kalshi says users will submit employer information before placing bets on certain trades.
- The company intends to stifle insider trading on the platform amid rising regulatory scrutiny.
- Kalshi has teased advanced whistleblowing functionalities for users.
Prediction marketplace Kalshi has released a raft of sweeping measures to combat insider trading on its platform amid growing criticism from regulators. Under the new measure, Kalshi will obtain employer information from users on certain markets, with the platform also enhancing its whistleblower functionalities.
Kalshi introduces employer verification for certain markets
According to a recent previously rocked the platform.
Source:: Kalshi to Crack Down Against Insider Trading by Seeking Employer Info From Users