Kalshi is enhancing its surveillance and enforcement frameworks amid concerns of insider trading in the predictions market space. The platform has seen over $160 million in trading volume ahead of Super Bowl 60. New initiatives include an independent surveillance advisory committee, partnerships with industry experts, and resources for responsible trading.

Kalshi is federally regulated, banning market manipulation and insider trading, with strict KYC and AML checks. They also report all trades to the CFTC daily. The company has formed an independent surveillance advisory committee, appointed a Head of Enforcement, and partnered with industry experts to ensure market integrity and compliance.

CEO Tarek Mansour stated that Kalshi has conducted over 200 investigations, frozen accounts, and referred cases to law enforcement. The company’s surveillance system is based on those used by major stock exchanges, flagging suspicious behavior using pattern recognition models. Mansour emphasized the commitment to daily improvement and the fight against bad actors in the industry.

Read more at CNBC: Kalshi expands surveillance, enforcement efforts ahead of Super Bowl 60