"Kalshi said it 'found reasonable cause' to believe that this editor, Artem Kaptur, had used non-public, insider information about MrBeast videos to inform his betting on matters involving the MrBeast YouTube channel."
"Kalshi says that Kaptur traded around $4,000 on YouTube streaming markets in August and September 2025. He made a $5,397.58 profit, prompting Kalshi to fine him for that amount, plus a $15,000 penalty. Kalshi also banned Kaptur for two years."
"The markets on platforms like Kalshi and Polymarket are so vast that it's challenging to ensure that the users trading on them are not using private knowledge to their advantage, which is against the rules. When it comes to securities like stocks, similar behavior is punishable by up to 20 years in federal prison."
Kalshi, a predictions market platform, investigated and found reasonable cause that Artem Kaptur, an editor for MrBeast, engaged in insider trading using non-public information about MrBeast videos to inform his bets on the platform. Kaptur traded approximately $4,000 on YouTube streaming markets in August and September 2025, generating a $5,397.58 profit. Kalshi fined him that profit amount plus an additional $15,000 penalty and imposed a two-year ban. Prediction markets allow users to bet on various future events, including specific words creators will say in videos—information an editor could influence. The vast scale of these markets makes it difficult to prevent users from exploiting private knowledge, a practice that carries severe penalties in securities trading.
Read at TechCrunch
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