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Kalshi bans ex-Congressman for life concluding he likely was insider trading(apnews.com)
15 points by theanonymousone 2 days ago | 3 comments
brikym a day ago | parent [-]

Surely this is just a token effort. These platforms are made for insiders. If you're not an insider or hedging then you're doing it wrong.

cyanydeez a day ago | parent [-]

Or basic casino logic: ban the winners

brikym 11 hours ago | parent [-]

I think you're right. The house doesn't lose when the winners win, they just want volume. They probably want to at least _appear_ to be fair so they don't lose the retail (dumb) money.