Platforms Respond as Scrutiny Intensifies

[cryptobro]

In response to the controversy, Kalshi stated that its rules already prohibit insiders and decision-makers from trading on material nonpublic information. Still, the episode has fueled debate over whether self-policing is sufficient as prediction markets grow in scale and influence.

Separately, Polymarket addressed recent user complaints about drained balances, attributing the issue to a vulnerability introduced by a third-party authentication tool. The platform said the problem has been fixed, affected only a small number of users, and poses no ongoing risk—adding that impacted accounts will be contacted directly.

[madtrader]

prediction markets getting big enough to matter was always gonna attract this kinda mess