Kalshi and Polymarket prohibit affiliates from spreading election misinformation
Summary
Kalshi and Polymarket, two online prediction market platforms, will ban paid creators and affiliates from spreading false information about election results. This move comes after some influencers posted claims questioning the integrity of California’s 2024 primary election.Key Facts
- Kalshi prohibits paid creators from questioning election accuracy or legal rulings about elections.
- Polymarket’s rules block affiliates from denying official election results and spreading false information.
- Both platforms asked some paid affiliates to remove posts spreading election fraud claims.
- Influencers like David Freeman, Benny Johnson, and Kangmin Lee made unproven claims about cheating in California elections.
- Prediction markets let users bet on outcomes like sports, politics, or elections.
- Federal authorities are investigating if former congressman George Santos traded on Kalshi using insider information.
- Kalshi has disciplined political candidates for trading on their own election chances.
- Donald Trump Jr. is an adviser to both Kalshi and Polymarket, and President Trump’s platform Truth Social plans its own prediction market.
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