Mudslinging Sullies Prediction Markets Just as Sector’s Prospects Brighten

Kalshi paid social media influencers to talk trash about its rival Polymarket’s founder, Shayne Coplan, an incendiary article in Pirate Wires revealed. Someone apparently decided to launch a retaliatory smear campaign against Kalshi. (Polymarket denies any involvement.) All of this is happening just as things were starting to look bright on the regulatory and reputational fronts for prediction markets.

Source: CoinDesk