Kalshi taps former FBI agent to fight against money laundering

Kalshi, a prediction market company, has enlisted the help of a former FBI agent to tackle money laundering, amid growing concerns about market manipulation and insider trading on its platform. The move aims to safeguard the integrity of its services and ensure compliance with financial regulations. This strategic hire underscores the company's commitment to addressing serious allegations and preventing potential misuse, which could otherwise damage its reputation and operational legitimacy.