CEO Kalshi, Tarek Mansour, announced on X that the company does not list direct payout betting markets based on death and has designed rules to prevent users from profiting from events related to mortality.
Regarding the “Supreme Leader Khamenei’s death” market, Kalshi stated it will refund all trading fees and close open positions at the last trading price before 1:14 a.m. EST — the time of the first attack.
For positions opened after his death, the platform will refund 100%. Mansour emphasized that no users incur losses in this market to ensure fairness and compliance with the platform’s operational principles.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Polymarket predicts a 64% probability that the Backpack token's FDV will exceed $300 million on its first day of launch
Gate News, as of March 12, according to relevant page information, Polymarket displayed on March 13 that the probability of predicting "Backpack token's FDV exceeding $300 million on the first day of listing" is 64%, while the probability of FDV being greater than $500 million is 30%. Previously, Backpack announced that it will conduct a TGE (Token Generation Event) on March 23.
GateNews44m ago
CFTC Chair: Will Issue Regulatory Guidance for Prediction Markets to Establish Clear Rules for New Types of Event Contracts
U.S. Commodity Futures Trading Commission Chairman Mike Selig announced the release of clear guidance targeting prediction markets to help trading platforms understand CFTC expectations for new contracts, ensure transparent rules, and prevent market manipulation and abusive conduct.
GateNews4h ago
US CFTC Chair: Will Issue Clear Guidance on Prediction Markets to Prevent Manipulation and Insider Trading
US CFTC Chair Mike Selig released prediction market guidance aimed at helping trading platforms understand regulatory expectations to ensure transparent rules for new contracts and prevent manipulation and abuse. Additionally, a proposed rule prenotice will be released to establish clear rules of conduct for new markets.
GateNews4h ago
Utah HB243 Bill Defines Prediction Markets as Gambling, Kalshi Files Federal Lawsuit
Utah HB243 bill classifies "proposition betting" as gambling and is expected to be signed by the governor, which will ban platforms like Kalshi from operating. Kalshi has filed a federal lawsuit, arguing that its contracts are derivatives. The CFTC chairman stated that the agency will defend its regulatory authority.
GateNews6h ago
Two high win-rate addresses invested $15,000, betting that the US-Iran ceasefire will not happen before May
On March 12, PolyBeats detected two high-win-rate addresses betting on prediction markets that "the US and Iran will not cease fire before May," with a combined investment of $15,000 at a current price of 52.5¢. Meanwhile, Iran escalated attacks on Gulf shipping, causing a halt to traffic through the Strait of Hormuz, with analysts seeing no signs of de-escalation.
GateNews8h ago
Wall Street Giants Bet on Prediction Markets: Open Interest Reaches New $1.2 Billion High, US Congress Prepares to Regulate
As prediction market trading volumes expand, major Wall Street brokerage firms are gradually entering the sector. However, legislators have expressed concerns about potential risks and plan to implement new regulatory measures. Institutional capital and young investors are driving market growth, but regulators are increasingly focused on the rapid expansion.
GateNews8h ago
