Kalshi CEO: The Venezuelan insider trading scandal primarily involves unregulated offshore forecasting platforms; Kalshi firmly prohibits insider trad...

[Kalshi CEO: Venezuela Insider Scandal Mainly Involves Unregulated Offshore Forecasting Platforms; Kalshi Firmly Bans Insider Trading] According to Mars Finance, on January 8th, Kalshi CEO Tarek Mansour stated on LinkedIn that Kalshi supports legislation proposed by New York Democratic Representative Ritchie Torres, which aims to prohibit government officials from engaging in insider trading on platforms like Kalshi. Mansour also stated in the article that recent insider trading allegations primarily involve unregulated offshore platforms. Previously, it was reported that New York Democratic Representative Ritchie Torres planned to introduce a bill this week entitled the "Public Integrity Act for Financial Forecasting Markets of 2026." This bill would prohibit elected federal officials, politically appointed officials, and executive branch employees from trading in forecasting markets when they have access to non-public information related to trading, or may obtain such information through their positions.