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Prediction market platform Kalshi establishes an independent advisory board before the Super Bowl to strengthen trading oversight
Mars Finance reports that, according to Cointelegraph, prediction market platform Kalshi has announced the formation of an independent advisory committee and established partnerships to strengthen platform regulation and prevent insider trading and market manipulation. The initiative was announced three days before the US Super Bowl event, and the platform has already attracted over $168 million in Super Bowl-related bets. Kalshi stated that the committee will provide quarterly reports to external legal advisors and publish statistics on suspicious activity investigations. At the same time, Kalshi is collaborating with cryptocurrency trading monitoring platform Solidus Labs and Daniel Taylor, Director of Forensic Analysis at Wharton School, to “detect, investigate, and resolve market abuse behaviors.”