Kalshi CEO: Opposes Profiting from Individual Deaths; Will Refund Fees for Markets Related to "Will Khamenei Step Down?"
Svmuu News: Kalshi CEO Tarek Mansour posted on X regarding Khamenei’s death and related prediction markets, stating: “We will not list markets directly linked to death. When a market involves a potential death outcome, we will design rules to prevent people from profiting from death. "As such, Kalshi will handle events related to 'Khamenei stepping down as Supreme Leader' as follows: 1. All transaction fees for that market will be refunded; 2. If a user opened a position before Khamenei’s death, settlement will be based on the last trading price prior to his death; 3. If users opened positions after Khamenei’s death, they will be fully reimbursed for their costs. Tarek Mansour added: “Not a single user will lose a single dollar in this market. We will settle the market at the last traded price before Khamenei’s death, which occurred at 1:14 a.m. Eastern Time today.”
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
24H Trending
-
1
RTHK: U.S. stocks closed lower on Tuesday, with the Dow down 0.3% and the Nasdaq down 0.7%.
-
2
CNBC: Colom leads by 2,607 votes in Mississippi Senate race, race uncalled
-
3
Financial Times: Anthropic's underwriting banks prepare to boost IPO valuation to at least $1.5 trillion
-
4
Al Jazeera: UKMTO receives report of incident involving oil tanker in Strait of Hormuz, details unclear
-
5
Nikkei Stock Average flat at 60,451.02 as bank and pharma gains offset tech and machinery losses
-
6
Hong Kong and mainland Chinese stocks opened lower, weighed down by higher-than-expected US inflation and escalating interest rate hike expectations.
-
7
US Treasury auctions $42 billion in 10-year notes at a high yield of 5.02%, above the when-issued yield
-
8
Binance Announcement: bStocks to Support SanDisk (SNDK) 1-for-8 Stock Split
-
9
Al Jazeera: Iran denies holding talks with the US
-
10
Hong Kong's Insurance Authority (IA) has prohibited Lim Ka Kit from engaging in insurance intermediary business for nine months.
Markets Today
Recommended Reading


