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Kalshi suspends traders in two insider-trading cases

Regulation

Kalshi said it froze accounts in two cases involving suspected insider trading on its markets. It imposed a two-year suspension and a financial penalty five times the trade size on a MrBeast editor, and a five-year ban with a penalty ten times the trade size on Kyle Langford; the CFTC's enforcement division said it could investigate violations.

The cases set out Kalshi's stated sanctions and the CFTC enforcement division's authority to pursue conduct on designated contract markets.

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