Prediction Platform Kalshi Fines First Users for Rule-Breaking Bets

A former California gubernatorial candidate and a video editor for YouTube streamer MrBeast were fined by Kalshi for violating its rules for making prediction-market wagers on its platform.

- BY KRYSTAL HUR

RICHARD B. LEVINE/LEVINE ROBERTS/ZUMA PRESS

The platform allows for bets on elections, games and more.