Kalshi reports two insider trading cases; bans, fines, February volume $8.5B

On February 25, 2026, Kalshi said it closed two insider trading cases and reported them to the CFTC, issuing multi‑year bans and financial penalties. One case involved a California gubernatorial candidate; the other named a Mr. Beast video editor. The platform also recorded $8.5B in February trading volume, approaching January’s $9.5B peak.