Kalshi Fines Meme Coin Candidate Mark Moran, Others for Betting on Their Own Elections

In brief Kalshi unveiled enforcement actions against three political candidates who had bet on their own elections. The individuals included one U.S. Senate hopeful in Virginia, who also backed a meme coin while running on a pro-crypto platform. As Democratic lawmakers push for tighter prediction market rules, Kalshi and Polymarket have detailed steps taken to…

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A7, Company Implicated In Sanctions Evasion, Reportedly Linked To Russian Oligarchs

A Russian oligarch and top business executives are using A7, an influential payments company implicated a vast sanctions evasions scheme relying on a ruble-backed cryptocurrency, for their own transactions, according to a new investigation . The findings, published on April 29 by the Russian news outlet Proyekt, add to a growing body evidence showing the…

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