Kalshi says it is not being investigated by the CFTC over trading activity
The prediction market says unusual patterns in its ether perpetual market are the result of liquidity incentives.
Make preferred on
Share this article
Summary
- Kalshi said the CFTC has not contacted the company and it does not believe the regulator has opened a formal examination into its trading.
- The WSJ reported Tuesday that the CFTC was looking at trades on Kalshi before determining whether to open an enforcement investigation; the agency declined to confirm whether an investigation was underway.
- Questions about Kalshi’s trading activity emerged after nearly one million trades in an ether market were placed in similar amounts, while Kalshi said the patterns stem from its liquidity incentive program.
