Kalshi CEO: The Venezuela Insider Incident primarily involved an unregulated offshore prediction platform, and Kalshi strictly prohibits insider trading

BlockBeats News, January 8th, Kalshi CEO Tarek Mansour stated on LinkedIn that Kalshi supports the legislation proposed by New York Democratic Congressman Ritchie Torres, which aims to prohibit government officials from insider trading on platforms like Kalshi.

In the article, Tarek Mansour also stated that the recent insider trading events in question primarily involved unregulated offshore platforms.

In previous news, New York Democratic Congressman Ritchie Torres plans to introduce a bill this week called the "2026 Financial Forecast Market Public Trust Act." The bill would prohibit federal elected officials, political appointees, and executive branch employees from trading on prediction markets when in possession of material nonpublic information related to the trade or when they may obtain such information through their position.