tech
February 26, 2026
Kalshi fines and suspends MrBeast employee for insider trading
Updated on: February 25, 2026 / 4:39 PM EST / CBS News
TL;DR
- Kalshi, a prediction market, has fined and suspended an employee of YouTuber MrBeast for insider trading.
- The employee, Artem Kaptur, allegedly used non-public information from his job as an editor for MrBeast to trade on Kalshi.
- Kalshi's surveillance system flagged Kaptur's trades for "near-perfect trading success on markets with low odds."
- Kaptur was fined $15,000, ordered to return $5,397.58 in profits, and suspended for two years.
- In a separate case, Kalshi banned Kyle Langford for five years and fined him for trading on his candidacy for governor of California.
- Both cases were reported to the U.S. Commodity Futures Trading Commission.
- Beast Industries, MrBeast's media company, stated it has "no tolerance for this behavior" and is conducting an independent investigation.
Continue reading the original article