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The Independent UK
The Independent UK
National
James Pollard

MrBeast's company fired a video editor after Kalshi accused the employee of insider trading

Philanthropy Mr. Beast Kalshi - (Copyright 2024 The Associated Press. All rights reserved.)

Beast Industries fired a MrBeast video editor this week following accusations of insider trading by the prediction market operator Kalshi.

Kalshi announced last month that a user who traded about $4,000 on streaming markets related to MrBeast videos with “near-perfect” success turned out to be an employee of Beast Industries who “likely had access to material non-public information.” Kalshi suspended the editor from its platform for two years, fined him $20,000 and alerted federal regulators.

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