Prediction market Kalshi fines MrBeast editor over insider trading
- On Wednesday, Kalshi disclosed disciplinary cases against a MrBeast editor and a California candidate, reporting both to the CFTC.
- Kalshi's surveillance systems flagged statistically anomalous trades in August–September 2025 and received user tips, prompting investigators to link the activity to MrBeast's editor.
- Kalshi froze Artem Kaptur's account, ordered him to repay more than $5,000, fined him about $20,000, and banned Kyle Langford for five years after a $200 wager.
- Beast Industries, MrBeast's company, said it has no tolerance for the behavior and opened an independent investigation, while Kalshi said fines will be donated to a consumer-education non-profit.
- Prediction markets have surged in the US with more than 200,000 active markets, and high-profile incidents like a $400,000 Polymarket win have spurred U.S. lawmakers and regulators to press for oversight.
37 Articles
37 Articles
Kalshi: MrBeast Editor Flagged After 'Near-Perfect' Bets
A prediction market is accusing someone in MrBeast's inner circle of trying to cash in on insider information. Kalshi said Wednesday it has suspended Artem Kaptur, an editor on the YouTube star's videos, after finding what it called "near-perfect" success on roughly $4,000 worth of bets tied to MrBeast...
MrBeast Editor Banned From Kalshi for Insider Trading Using Intel on the Creator
An editor for MrBeast was disciplined and fined Wednesday for alleged insider trading on Kalshi, the popular predictive market app that allows users to bet on everyday happenings. Artem Kaptur is accused of using proprietary information on MrBeast gathered during his time working for YouTube’s biggest creator to make approximately $4,000 in favorable bets. Kalshi said in a notice of disciplinary action filed Wednesday that he is banned from usin…
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