Kalshi CEO Tarek Mansour announced a refund policy for the prediction market linked to Iran's Supreme Leader, Ayatollah Khamenei. Mansour emphasized that Kalshi does not list markets directly tied to deaths and has rules to prevent profiting from such events. The company will refund all fees for the market concerning "Khamenei stepping down as Supreme Leader." Positions established before Khamenei's passing will be settled at the last trading price prior to his death, while those established after will receive full compensation. Mansour assured that no user will incur losses, with settlements based on the last traded price at 1:14 AM Eastern Time.
Kalshi CEO Announces Refunds for Iran Supreme Leader Market
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