CEO Kalshi, Tarek Mansour, announced on X that the company does not list direct payout betting markets based on death and has designed rules to prevent users from profiting from events related to mortality.
Regarding the “Supreme Leader Khamenei’s death” market, Kalshi stated it will refund all trading fees and close open positions at the last trading price before 1:14 a.m. EST — the time of the first attack.
For positions opened after his death, the platform will refund 100%. Mansour emphasized that no users incur losses in this market to ensure fairness and compliance with the platform’s operational principles.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
The U.S. CFTC sues Illinois to block it from regulating prediction markets
The U.S. Commodity Futures Trading Commission filed a lawsuit seeking to stop the State of Illinois from regulating prediction markets, arguing that the state’s actions infringe on federal regulatory authority. This case marks the CFTC’s first legal action to challenge state-level gambling regulation. The dispute began when Illinois issued a cease-and-desist order to the prediction market Kalshi, alleging it violated the state’s gambling laws.
GateNews4h ago
A prediction platform’s probability for “the U.S. Department of Homeland Security shuts down operations for 70+ days” plummeted to 8%, down 45% within 24 hours
Based on data from a prediction platform, the probability that the U.S. Department of Homeland Security government shutdown will continue for more than 70 days has fallen to 8%, with trading volume exceeding $1.27 million. Trump said he is about to sign an order to ensure employee pay, praising House Republicans for their efforts on this issue.
GateNews4h ago
YZi Labs 追加投资预测市场平台 Predict.fun,Susquehanna Crypto 参投
YZi Labs, after EASY Residency Season 2, added an investment in the prediction market platform Predict.fun, with Susquehanna Crypto participating in this round of funding. Predict.fun has accumulated trading volume of over $1.8 billion, with more than 130,000 users, and completed the acquisition of Probable to expand into the Asian market.
GateNews5h ago
Polymarket integrates Pyth Pro to provide a data source for traditional assets
Gate News update, April 2, according to an official announcement, the prediction market platform Polymarket has integrated Pyth Pro as the data source for its new series of traditional asset contracts. Polymarket will rely on Pyth Pro data to provide the daily rise and fall and daily closing markets for gold, silver, and major stock index ETF, and will ensure full transparency throughout via real-time price charts updated every second.
GateNews6h ago
Polymarket "WTI Crude Oil Hits $120 in April" probability rises to 65%, up 25% in 24 hours
On Polymarket, the probability related to WTI crude oil touching $120 in April 2026 has recently risen sharply, and it is currently at 65%. The settlement rules for this prediction contract are: within the specified time, if the price reaches or exceeds $120, then it is "Yes"; otherwise, it is "No".
GateNews6h ago
Polymarket hit a peak of $995,000 in revenue on Wednesday after adopting a new fee model
Polymarket’s daily fees jumped from about $363,000 on March 30 to $995,000 on April 1, then fell to $899,000 on April 2. This increase was driven by the platform expanding its fee categories, covering multiple areas.
GateNews9h ago