Crypto

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

According to Better Markets, trading that involves election manipulation can significantly impact the pricing of contracts. This manipulation can lead to volatility in the market, ultimately harming smaller retail investors.

Recently, Better Markets called on the U.S. Court of Appeals to overturn a decision that allowed Kalshi to offer election markets. They argued that such trading practices could distort the pricing of contracts, making them detached from election fundamentals.

It is crucial to address market manipulation to ensure fair and transparent trading practices. By preventing manipulation, we can protect investors and maintain the integrity of the market.

Carmen Brooke Martin

Finance Analyst Hello, my name is Carmen Brooke Martin and I am an expert finance journalist with a master's degree from New York University in Business and Economics. I'm passionate about helping startups spread the word, discover and promote great projects in the crypto and fintech industry. What I am working on is to provide basic cryptocurrency education and benefits to the crypto community through video tutorials and written content. As a business developer, I help crypto projects structure and create a whitepaper that can stir investors' interest, advice on marketing strategies and promotions.

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