Activist Group Says Kalshi’s Election Market Should Be Shut Due to ‘Manipulative’...

Activist Group Says Kalshi’s Election Market Should Be Shut Due to ‘Manipulative’ Whales

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Source: Coindesk.com

In its long-running legal fight to offer event contracts on U.S. elections, Kalshi regularly emphasized it is a regulated exchange, in contrast to its much-larger, crypto-based, offshore rival Polymarket.

That hasn't stopped Better Markets, an activist group that advocates for stricter financial regulations, from citing activity on Polymarket as one reason to stop Kalshi from letting traders

Read More https://www.coindesk.com/policy/2024/10/24/activist-group-says-kalshis-election-market-should-be-shut-due-to-manipulative-whales/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The post "Activist Group Says Kalshi’s Election Market Should Be Shut Due to 'Manipulative' Whales" appeared first here Coindesk.com.

Source: Coindesk.com

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