Kalshi voids some bets on Khamenei’s ouster because it’s ‘directly tied to death’

Source: The Verge

Key points

• Kalshi announced it will void the market “Ali Khamenei out as Supreme Leader?” and will pay out positions at the last trading price before his death.
• CEO Tarek Mansour emphasized that Kalshi does not list markets directly tied to death and that its rules are designed to prevent profit from death.
• The platform is refunding fees associated with the market and reimbursing anyone who bought shares after Khamenei’s death.

Read the full story at The Verge.