Kalshi says it will crack down on politicians and athletes betting

Kalshi says it will crack down on politicians and athletes betting on its markets.

Illustration by Davide Bonaldo/SOPA Images/LightRocket via Getty Images

• Kalshi said it would be cracking down on politicians and sportspeople placing bets on its markets.
• It said this was being done to prevent "bad actors" from engaging in insider trading.
• Lawmakers introduced a bill to block prediction companies from allowing sports or casino-like bets.

As lawmakers zero in on insider trading risks...