Kalshi CEO: The Venezuela insider incident mainly involves unregulated offshore prediction platforms, and Kalshi firmly prohibits insider trading

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

Tarek Mansour also mentioned in the article that the recent allegations of insider trading primarily involve unregulated offshore platforms.

Previously, it was reported that New York Democratic Congressman Ritchie Torres plans to introduce a bill this week called the "2026 Financial Prediction Markets Public Integrity Act." This bill would prohibit federally elected officials, politically appointed officials, and executive branch employees from trading on prediction markets while possessing non-public information related to trading, or when they might obtain such information through their positions.