Kalshi probes suspicious trades tied to Trump press secretary pick

Kalshi is investigating suspicious trades linked to President Donald Trump’s selection of Katie Zacharia as White House press secretary, Reuters reported, citing The Wall Street Journal. Before news of Zacharia’s appointment became public, at least three small bets were placed, and the traders could stand to make profits worth thousands of dollars, according to the report. A $19 bet is expected to pay out $1,896, while bets of about $74 and $80 placed on Friday are expected to return $3,689 and $4,023, respectively. Kalshi declined to comment on the report.