World
Prediction platform Kalshi to collect job details to combat insider trading
✦ AI Brief
Kalshi, a prediction market company, has implemented measures to prevent insider trading following allegations of market manipulation. The company is collecting job information for markets deemed at heightened risk of manipulation to screen out users with non-public knowledge. Kalshi has also introduced a scoring system to determine risk levels and a 24/7 channel for receiving whistleblower reports. These measures were implemented in response to the findings of Kalshi's Independent Surveillance Audit Committee.