Kalshi publicly discloses first insider trading penalty involving former gubernatorial candidate and MrBeast employee

Prediction market platform Kalshi has publicly revealed its first case of misconduct penalties, involving former California gubernatorial candidate Kyle Langford and Artem Kaptur, a video editor under YouTube influencer MrBeast.
Langford was fined $2,246.36 and banned from the platform for five years after posting a video on X showing his bets on his own election victory, violating platform rules that prohibit candidates from betting on related election markets. Kaptur was accused of trading approximately $4,000 in related markets using inside information during his tenure at MrBeast, resulting in significant profits. He was fined $20,397.58 and suspended for two years. MrBeast’s parent company, Beast Industries, stated that an internal investigation has been launched and emphasized a zero-tolerance policy for such behavior.
Kalshi has reported both cases to the U.S. Commodity Futures Trading Commission, and the fines will be donated to nonprofit organizations. The platform revealed that over the past year, it has conducted more than 200 investigations into insider trading.