Kalshi probes well-timed bets on Trump's press secretary pick before announcement

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Prediction market Kalshi is investigating unusually well-timed bets placed before President Donald Trump announced Katie Zacharia as his White House press secretary, according to the Wall Street Journal. Zacharia, a conservative commentator with a brief Homeland Security stint, was given roughly a 1 percent chance days before the news. Three small wagers, including a $19 bet placed Thursday night, stand to pay out thousands of dollars combined. The Journal could not identify the bettors or confirm insider knowledge. The episode follows prior cases, including a fired teleprompter operator who settled with regulators over speech-related bets.


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