Isn't this an unregulated, unregistered non-security platform for entertainment only or some bullshit like that? Remember when those greedy casino operators...I mean engineers at Kalshi put in a "will the CEO of whatever say these words in his video" and at the end of the meeting he said all those word in sequence just to piss everyone off and throw off the bet because word got back to him? How would he not have insider knowledge? HE WROTE THE DAMN SPEECH. You could say he could just not participate in it financially or tell anyone, just like stocks-based insider trading, except that's your own stock. He didn't create the fund. He didn't approve it. He and his company don't own it.
What if, out of nowhere, someone placed a bet on if I'm going to walk to lunch on the north or south sidewalk. Someone I know sends me a message saying "lol, this bet exists I put it on south." Now I have to walk to work on the North so that he loses because I was aware of it? And I had nothing to do with setting it up, don't own it, and didn't approve it? Fuck that! They should just ban these clowns nationwide already.