WORLDTECHBitcoin & Crypto INDEPENDENT REPORTS
Kalshi Reviews Three Sub-$100 Bets That Called Trump’s Press Secretary Pick Early
First reported Source: The Block + 1 moreLast editorial activity
What happened
The Wall Street Journal first reported the trades and said a Kalshi spokesperson confirmed the review. 8, and was set to pay $1,896.
The wagers on Katie Zacharia were placed when the market gave her about a 1% chance, the last two less than 20 minutes before the news broke. None of the three wagers topped $100, but each backed Katie Zacharia for White House press secretary before her selection was reported, and Kalshi is now reviewing them.
A person familiar with the matter also told CNN the exchange is examining the bets, though a Kalshi spokesperson declined to comment to CNN. Small Stakes, Long Odds The first wager, about $19 , went in late on Thursday, Oct.
Sources & evidence
- The Block Reporting source
Kalshi is investigating bets on Trump’s press secretary pick placed before announcement: WSJ ↗
https://www.theblock.co/news/regulation/2026-10-10-kalshi-is-investigating-bets-on-trumps-press-secretary-pick-placed-before-announcement-wsj-418222 - Unchained Reporting source
Kalshi Reviews Three Sub-$100 Bets That Called Trump’s Press Secretary Pick Early ↗
https://unchainedcrypto.com/kalshi-reviews-three-sub-100-bets-that-called-trumps-press-secretary-pick-early/