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Kalshi revealed enforcement actions against two traders on Wednesday, saying a political candidate in California and YouTube video editor who worked for MrBeast conducted insider trading on its prediction markets platform.
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• According to a ZachXBT investigation, a senior Axiom employee allegedly used internal dashboard access to track users’ private wallets.
• Users could reportedly be searched by UID, ref code, or wallet address.
• A spreadsheet was created compiling wallets of targeted KOL traders.
• In recorded calls, a plan to quickly generate ~$200K by leveraging internal access was discussed.
• The report claims there were little to no access controls or monitoring in place.
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