Kalshi probes shady bets on new White House press secretary Katie Zacharia: report
New York Post · RC · trust 60/100
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The massive prediction market platform said it was looking into wagers that accurately predicted the conservative commentator would land the role, the Wall Street Journal reported Friday.
A minimum of three small but precisely-timed bets were reportedly placed on Zacharia not long before news outlets began reporting the news, netting the bettors a few thousand bucks.
The Journal scoured publicly available Kalshi data to find a $19 bet placed around 10:43 p.m. Thursday. That stood to net the bettor $1,896.
Katie Zacharia, a former Homeland Security spokesperson, has been offered the position of White House press secretary. Katie Zacharia/X Two more bets reportedly came around 1:41 p.m. Friday, the paper reported. The wagers of $74 and $80 were poised to bring in $7,712 total.
A Kalshi spokeswoman declined to talk about the bets on the White House press secretary, telling The Post, “We can’t comment on ongoing investigations.”
Recent months have seen a number of shady trades on Kalshi and rival Polymarket — which are facing a mountain of litigation from state authorities.
A US special forces soldier was charged in the spring for allegedly using classified information about the mission to capture Venezuelan President Nicolas Maduro to win more than $400,000 on the Polymarket.
Recent months have seen a number of shady trades on Kalshi and rival Polymarket. REUTERS More recently, the Commodity Futures Trading Commission reportedly launched a probe of unusual trading activity on Kalshi after billions of dollars worth of near-identical crypto trades raised questions about possible “wash trading.”
The Post has sought comment from the White House.
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