Kalshi is a CFTC-regulated prediction market that launched US-legal crypto perpetual futures this year. Over the weekend a former quant, Beni (@beniduboss), published a thread accusing Kalshi of fabricating its crypto volume. It was triggered by a reply from IcoBeast (@icobeast), who built Kalshi's crypto markets program and works there. The thread has around 1.5M views and has been covered by CoinDesk and others. Here is what was claimed, what Kalshi has said in response, and where things stand
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