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Activist Group Says Kalshi’s Election Market Should Be Shut Due to ‘Manipulative’ Whales

by SB Crypto Guru News
October 24, 2024
in Crypto Updates
Reading Time: 1 min read
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“If the trading amounts to any one of these species of election or market manipulation, then it is also likely to artificially skew the pricing of contracts in a way that is divorced from election ‘fundamentals,’ thus creating volatility that will undoubtedly harm many smaller retail investors who have placed their own bets,” Better Markets said, urging the U.S. Court of Appeals to overturn a lower court’s decision that freed Kalshi to offer election markets.



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Tags: activistBitcoin NewsCrypto NewsCrypto UpdatesDueelectionGroupKalshisLatest News on CryptoManipulativeMarketSB Crypto Guru NewsshutWhales
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