Kalshi probes suspicious trades tied to Trump press secretary pick: WSJ
At least three small wagers were placed before news of Zacharia's selection emerged, potentially netting traders thousands of dollars in profits, the Journal reported.
Kalshi, a prediction market platform, is investigating questionable trades related to the selection of President Donald Trump’s new White House press secretary, Katie Zacharia. According to a spokesperson for the company, Kalshi is examining trades that predicted Zacharia would replace Karoline Leavitt as Trump’s press secretary.
Three small bets were placed before Zacharia’s appointment was announced, with bettors positioning themselves to potentially profit thousands. One bet of $19 was placed around 10:43 p.m. Thursday, with the successful bettor standing to receive $1,896. Two other bets of $74 and $80 were placed on Friday, leading to potential payouts of $3,689 and $4,023, respectively.
This occurs despite Zacharia having only a 1% chance of being named press secretary before her appointment was announced. Notably, in July, another White House employee, Gabriel Perez, was fired after making $100,000 from bets on Trump’s speeches, later settling with the Commodity Futures Trading Commission. Zacharia, confirmed to be joining Trump’s staff by the President on social media, boasts an unblemished record and has served in various capacities supporting Trump, including for Truth Social and the Department of Homeland Security.
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