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Kalshi Senate Prediction Contracts Can Settle on Contradictory Outcomes for Same Election

(3 hours ago) · 1 source · Summarized by CryptoBipto

Prediction market platform Kalshi has been found to have Senate election contracts that could settle on different, contradictory answers for the same race. The issue stems from how the platform structures its contracts, potentially allowing conflicting outcomes to be paid out simultaneously.

WHY IT MATTERS

Prediction markets are platforms where people can bet on the outcomes of real-world events, like elections.

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SOURCES

  • cryptoslate.com

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Prediction MarketsKalshiElection ContractsMarket Integrity