FinanceNPR Technologyabout 2 hours ago
Kalshi hires former FBI agent to fight money laundering
3 min read
Prediction market platform Kalshi hired former FBI agent Sean Fern to lead its new anti-money laundering team. The firm, valued at $40 billion with 250 employees, faces scrutiny over insider trading. Kalshi crossed $260 billion in bets this year, triple the 2025 total. Fern aims to stop financial crimes as regulators investigate abuse.
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