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Kalshi Reviews Three Sub-$100 Bets on Trump Press Secretary Pick

Kalshi is reviewing three sub-$100 wagers that correctly called Donald Trump’s pick for White House press secretary, Katie Zacharia, before the news broke. The bets were placed when the market priced her at roughly a 1% chance, with the last two placed less than 20 minutes before the announcement. The review follows scrutiny of whether traders had advance knowledge.

Original source

AI take

The tell here is timing, not size: a roughly 1% contract attracting small bets minutes before the announcement is the classic pattern prediction-market watchdogs look for, and the sub-$100 stakes suggest either luck or an attempt to stay under scrutiny thresholds. Kalshi's review matters less for these specific wagers than for how it handles the broader question of informed trading on news it lists. Whether the review produces a rule change on timing or position reporting is the open question.

Generated by AI for reference only.

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