THE TRUTH ABOUT: Tarek mansour - Caught on Camera

Utah Files Criminal Charges Against Kalshi Co-Founders

The state filed 14 criminal counts against the prediction market and its co-founders after an undercover agent wagered $114.87 on sporting events.

Reason · Oct 29

Kalshi Founders Hit With 13 Felony Counts After 12 Undercover Sports Bets in Utah Gambling Probe

Utah prosecutors have charged Kalshi and its co-founders over 12 undercover sports wagers, escalating a legal battle over whether prediction markets fall under state gambling laws or federal regulation.

International Business Times UK · Oct 29

Kalshi Sets Default Monthly Deposit Limit at $2,500 for Under-21 Traders Over Customer Loss Concerns

Kalshi has imposed a $2,500 monthly deposit cap and special accounts on traders under 21, as CEO Tarek Mansour concedes customer losses are a growing concern for the industry.

International Business Times UK · Oct 29

Kalshi's CEO is racing to build a futures market for AI's most precious resource, which could be worth $100 trillion by 2030

Compute is the new oil—but building its futures market may be just as messy.

Fortune · Aug 12

Kalshi’s 30-year-old CEO says most business advice is ‘trash’—he doesn’t read management books or listen to podcasts: ‘I’m gonna make it up as I go’

Kalshi cofounder Tarek Mansour slams founders for being over-reliant on ‘mostly trash’ business advice—he founded his now-$22 billion prediction market as a college grad.

Fortune · Aug 11

From Bolshoi Ballerina to Billionaire: The Rise of Kalshi's Brazilian Co-Founder Luana Lopes Lara

Kalshi co-founder Luana Lopes Lara went from ballet studios to a $40B betting exchange — now facing lawsuits from Nevada, Arizona, and New York.

Latin Times · Aug 4

Kalshi CEO clashes with disgraced former Congressman George Santos in latest prediction market controversy

Santos was ordered to pay $35,000 after the CFTC found he had manipulated Kalshi contracts tied to his State of the Union attendance.

Fortune · Aug 3

Coinbase, Kalshi bring regulated perpetual crypto futures to US investors

Perpetual futures, or "perps", are derivatives that lack a traditional expiration date, allowing traders to maintain positions indefinitely without the need to roll over contracts. These ‌instruments also permit ⁠high ⁠degrees of leverage - often as much as 50-to-1 - enabling investors to amplify their exposure to market ​moves.

The Economic Times · May 30

Exclusive: Kalshi announces steps to keep kids off prediction market

The prediction market is implementing new tools to prevent minors from trading, but is resisting calls to block ages 18-20.

Axios · May 4

Early Kalshi employees raising up to $35 million for a prediction market VC fund with backing from the CEOs of both Kalshi and Polymarket

Other investors include Marc Andreessen through the fund Moneta Luna and Micky Malka of the fintech investment firm Ribbit Capital.

Fortune · Mar 23