tech

February 26, 2026

Kalshi fines and suspends MrBeast employee for insider trading

Updated on: February 25, 2026 / 4:39 PM EST / CBS News

Kalshi fines and suspends MrBeast employee for insider trading

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.

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