Prediction market platform Kalshi has established an independent advisory committee to bolster trading oversight and prevent market manipulation. Announced just days before the U.S. Super Bowl, the initiative aims to address insider trading concerns as the platform sees over $168 million in Super Bowl-related bets. The committee will issue quarterly reports to Kalshi's external legal counsel and release statistics on investigations into suspicious activities.
Kalshi is also partnering with Solidus Labs, a cryptocurrency transaction monitoring platform, and Daniel Taylor, director of the Wharton School forensic analytics lab, to enhance its capabilities in detecting and resolving market abuse.
Kalshi Forms Advisory Committee to Enhance Trading Oversight Before Super Bowl
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
