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Kalshi taps former FBI agent to fight against money laundering

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Kalshi taps former FBI agent to fight against money laundering

Summary

The prediction market company says it wants to prevent its platform from being abused by criminals. The company is facing mounting pressure over market manipulation and insider trading on the site.

Original Text

<img src='https://npr.brightspotcdn.com/dims3/default/strip/false/crop/1920x1945+0+0/resize/1920x1945!/?url=http%3A%2F%2Fnpr-brightspot.s3.amazonaws.com%2F9a%2F1c%2Fdb89fe814ef380a180ae4dfac20a%2Fsean-fern-photo.jpg' alt='Sean Fern, a former FBI agent, is joining the prediction market platform Kalshi to lead the company's efforts in fighting money laundering.'/>The prediction market company says it wants to prevent its platform from being abused by criminals. The company is facing mounting pressure over market manipulation and insider trading on the site.

(Image credit: Provided by Kalshi)

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