Honestly, knowing someone's job is basic due diligence when they're betting on market movements. The SEC literally requires this kind of disclosure already.
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Honestly, knowing someone's job is basic due diligence when they're betting on market movements. The SEC literally requires this kind of disclosure already.
Honestly this makes sense though. Knowing who works in finance literally prevents the whole insider trading problem before it happens.
insider trading costs the market like 100 billion a year according to studies so yeah kalshi should totally ask for job details if it stops people from cheating. makes sense tbh
look if kalshi doesn't know who's actually trading they're basically asking for market manipulation on a platter. people acting like transparency is somehow oppressive need to get real about what insider trading actually costs regular folks trying to build wealth.
Honestly, if Kalshi's requiring job disclosures to prevent insider trading, isn't that just basic market integrity? How else do prediction markets maintain credibility without knowing who's trading on privileged information?
honestly kalshi asking for job details is fine because insider trading is bad, wait no that's weird privacy-wise, but also like yeah we need to stop rich people from cheating so maybe it rules actually.
Isn't the real question whether transparency requirements actually stop bad actors or just create security risks for regular traders? Knowing someone's job doesn't prevent them from trading on insider info anyway.
lmao finally someone's actually doing something about this? honestly respect the move, insider trading is such bs. props to kalshi for not jsut ignoring it
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Kalshi to make some users reveal job details to tackle insider trading
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