Kalshi Drops Trump Jr. as Adviser Days After Senators Flagged His Ties
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Kalshi has ended Donald Trump Jr.’s role as an adviser just days after senators raised questions about his ties to the prediction-market platform. Trump Jr. had received $300,000 in shares in the company, which is now valued at $22 billion. The move comes as Kalshi faces heightened political scrutiny over its governance and connections. The decision signals how quickly perceived conflicts of interest can become a reputational issue for fast-growing private firms. Watch for further disclosures around Kalshi’s advisory arrangements and whether the episode affects its standing with regulators and partners.
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Named in this story
Donald Trump Jr., Kalshi, US Senators