Svmuu Two executives from competing prediction market platforms clashed on X over KYC issues. The incident began when Polymarket's Vice President of Engineering, Josh Stevens, refuted claims that the platform would fully implement KYC. In response, Kalshi's Head of Enforcement, @robertjdenault, cited relevant posts, arguing that Polymarket should have adopted KYC long ago. He claimed that Russians and Iranians were trading freely on the platform, and insiders were also using it wantonly. He added that if Polymarket truly wanted to prevent this, it should either bring all operations into compliance (starting with KYC) or shut down.
In response, a Polymarket official, Mustafa, called the Kalshi executive an "idiot" in the comments under the post.