Kalshi CEO Tariq Mansoor recently addressed circulating rumors and market predictions regarding Ayatollah Khamenei’s death in a discussion on X. Kalshi is a platform that allows users to bet on various events, but Mansoor emphasized that the platform does not list markets directly related to anyone’s death. He explained that Kalshi has established rules to prevent profiting from deaths or similarly sensitive events. In response to a market event about Khamenei stepping down as Supreme Leader, Kalshi announced special measures, including refunding all fees for that market. Positions opened before Khamenei’s death will be settled at the last trading price recorded prior to the event, while positions opened after will receive full refunds. Mansoor assured that no user would lose money in this market and that settlement would be based on the final trade price at 1:14 AM Eastern Time. These actions reflect Kalshi’s commitment to responsibility and protecting user interests. Prediction markets like Kalshi offer investment opportunities on political, social, and economic events worldwide, but adherence to rules on sensitive topics is crucial for their reputation. This move is seen as part of Kalshi’s efforts to enhance market transparency and strengthen user trust.
Source: binance
