Kalshi Suspends Laurie Buckhout After Bets on Her Own House Race

Kalshi has suspended North Carolina Republican House candidate Laurie Buckhout after she bought contracts tied to the outcome of her own race, according to Decrypt. The value of the contracts was less than $1,000. The prediction-market platform imposed a three-year ban on Buckhout. The case highlights Kalshi’s enforcement of restrictions involving participants who trade contracts connected to events in which they are directly involved. Buckhout’s suspension concerns her activity in the market for her own election. No further details about the timing of the trades or the specific contracts were provided in the source material. The action adds to scrutiny of how prediction platforms handle trading by candidates and other people with a direct connection to the events represented by their markets.