Kalshi Boosts Surveillance Ahead of Super Bowl

Cointelegraph reports Kalshi is expanding surveillance on its prediction markets platform with an independent advisory committee and partnerships intended to detect insider trading and market manipulation. The committee will give a quarterly rundown to the company’s outside counsel and publish statistics on investigations into suspicious activity.

Kalshi said it is teaming with crypto trading surveillance platform Solidus Labs and Wharton Forensic Analytics Lab director Daniel Taylor to detect, investigate and address market abuse. The move comes three days before Super Bowl 60, which has already seen more than $168 million worth of bets placed on Kalshi.

Regulators and Congress are also scrutinizing prediction markets, including a recent bill to restrict trading by government insiders after a Polymarket user made thousands on bets tied to Venezuelan President Nicolás Maduro; state regulators have also targeted sports event contracts as illegal gambling, a claim Kalshi and other companies have rebuffed.

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