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Kalshi cuts ties to Donald Trump Jr after Democrats’ midterm sweep

Financial Times(subscription required) ·

Prediction market platform ends advisory deal amid mounting political scrutiny and rival investments in Polymarket

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First reported by NY Post at · 4 outlets in all

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  1. The HillKalshi ends Donald Trump Jr. advisory role, pointing to Polymarket tiesKalshi has ended Donald Trump Jr.’s advisory role with the company after his firm, 1789 Capital, increased its investment in Polymarket earlier this year. “We have mutually agreed to end Don’s advisory role after his firm’s significant investment in a competitor this past summer,” Kalshi spokesperson Dani Lever said in a statement. “We are grateful…
  2. Financial Times(subscription required)Kalshi cuts ties to Donald Trump Jr after Democrats’ midterm sweepPrediction market platform ends advisory deal amid mounting political scrutiny and rival investments in Polymarket
  3. New York Times(subscription required)Kalshi Severs Its Relationship With Donald Trump Jr.The country’s largest prediction market says it ended its contract with the president’s eldest son after his investment firm took a larger stake in its prime competitor.
  4. NY PostKalshi says it’s cutting ties with Donald Trump Jr. over his firm’s big investment in rival PolymarketReuters reported that the $40 billion startup mutually agreed to end its advisory contract with the president's son.