The Independent
Subtopic iconElections
Region iconUSA
Politician defends betting on own election after Kalshi prediction market suspension

Politician defends betting on own election after Kalshi prediction market suspension

Download our app Prediction market website Kalshi suspended three political candidates—Mark Moran, Ezekiel Enriquez, and Matt Klein—for five years and issued financial penalties for attempting to place bets on their own electoral races. Virginia Senate candidate Mark Moran defended himself in a four-minute video posted on X, claiming he purposefully bet on his race to draw attention to “how elections can be bought, and our democracy is up for sale.” He said Kalshi was responsible for that.

20h ago

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