“the question isn't just catching the insider but deciding who bears the loss”
Following the Gabriel Perez insider trading case on Kalshi — where Trump’s teleprompter operator allegedly used advance knowledge of prepared remarks to win over 00,000 — Aaron asks the harder question: who eats the loss when insiders profit? The piece explores the exchange’s rulebook on restitution, the limits of counterparty protection in event contract markets, and parallels with Spotify streaming manipulation where the resolution source itself can be gamed after settlement.
No technical background needed
Platforms mentioned: Kalshi