Kalshi Unveils Enhanced Market Integrity Measures Amid Growing Scrutiny

Posted on: June 10, 2026, 09:36h. 

Last updated on: June 10, 2026, 09:36h.

Devin O'Connor @CasinoorgDevinO Read More
Expertise: Asia Pacific Gaming, Commercial Gaming, Legislation, Politics.
  • Kalshi is rolling out enhanced market integrity features
  • The trading safeguards are to protect the prediction market from insider trading and market manipulation
  • Kalshi is the dominant prediction market in the United States

Prediction market Kalshi is enhancing its procedures in hopes of calming scrutiny over its trading platform.

Kalshi parlay prediction market trading
Kalshi is rolling out new features designed to protect the prediction market against insider trading and manipulation. The safeguards come after several high-profile controversies shook the prediction markets industry. (Image: Getty)

Kalshi says it’s implementing integrity updates that include so-called “risk scoring.” The platform will assign a risk score to event markets that the company deems to be at heightened risk of insider trading or manipulation.  

The prediction market will also require traders to disclose their employment on contracts that have a high risk score. Kalshi is additionally launching a whistleblower feature to allow users to directly report suspicious trading activity.

“By implementing these new integrity measures, we continue to lead the industry on the issue of market integrity amongst federally regulated prediction markets,” said Robert DeNault, Kalshi’s head of enforcement.

Kalshi claims to have completed more than 150 enforcement investigations in the first quarter alone. The platform’s tools reportedly blocked over 100 potential insider trades, and 20 cases were referred to law enforcement. 

Kalshi Risk Scoring 

Kalshi explains that each market will be assigned a risk score, with contracts related to corporate news likely to be among the highest graded events.

“Risk is lower for broad, decentralized processes or physical measurements, and higher where markets turn on a decision by a single individual or opaque group with broad discretion. Analysis ranges from niche social or hobbyist markets to critical-scale markets with national or geopolitical reach. Less important markets that carry high insider or manipulation risk scores may be rejected from listing,” the Kalshi release detailed.

For markets with heightened risk, employment information may be needed for trading.

This lets us identify presumptive insiders, people who have material, non-public information about a market’s outcome, and screen them out before a trade is ever placed,” Kalshi said.

Prediction markets have been criticized for supposedly being rife with insider trading and market manipulation. Most recently, disgraced politician George Santos was accused of trading on Kalshi markets related to whether he would attend the State of the Union.

Prediction Market Trading Volume

Trading on prediction markets is soaring, with $24 billion in shares bought and sold in April alone. That’s according to the Pew Research Center on data supplied by digital assets media information firm The Block. Kalshi is the dominant prediction market in the United States, with Polymarket a distant second.

To highlight the growth of prediction markets, just $5 billion was traded on prediction markets in September 2025. The Commodity Futures Trading Commission is tasked with regulating the many thousands of market contracts being traded on prediction markets each day.

CFTC Director of Enforcement David Miller said in April that “exchanges doing their job” is an “essential part” of herculean regulatory responsibility. Kalshi rolling out market integrity enhancements is the company’s latest commitment.