Donald Trump Jr. is out as an adviser to prediction market Kalshi over a Polymarket conflict
Summary
Donald Trump Jr. is no longer a paid adviser for Kalshi, the prediction market company said on Thursday 12 November, The Philadelphia Inquirer and ABC News reported. The country's largest prediction market says it ended its contract with the president's eldest son after the son's investment firm took a larger stake in its prime competitor, The NY Times reported, Forbes writing that the son's financial firm recently expanded its financial stake in Kalshi's rival Polymarket. Bloomberg headlined that the president's son is out as Kalshi adviser following the midterms, writing that the departure ends a role that has created political headaches for the prediction market platform.
Latest: Donald Trump Jr. is no longer a paid adviser for Kalshi, the prediction market company said on Thursday, The Philadelphia Inquirer and ABC News reported, The NY Times writing that the country's largest prediction market says it ended its contract with the president's eldest son after the son's investment firm took a larger stake in its prime competitor, and Bloomberg that the departure ends a role that has created political headaches for the platform.
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How it unfolded
Thursday 12 November
Donald Trump Jr. is no longer a paid adviser for Kalshi, the prediction market company said on Thursday, The Philadelphia Inquirer and ABC News reported, The NY Times writing that the country's largest prediction market says it ended its contract with the president's eldest son after the son's investment firm took a larger stake in its prime competitor, and Bloomberg that the departure ends a role that has created political headaches for the platform.
- 17:21ABC News Donald Trump Jr. exits advisory role at prediction market Kalshi
- 17:07The Philadelphia Inquirer Donald Trump Jr. exits advisory role at prediction market Kalshi
- 16:38The NY Times Kalshi Severs Its Relationship With Donald Trump Jr.
- 14:54Forbes Donald Trump Jr. Leaves Kalshi Advisory Role Over Conflict With Polymarket
- 13:32Bloomberg Donald Trump Jr. Out as Kalshi Adviser Following Midterms