Kalshi Probes Bets on Trump’s Press Secretary Pick, WSJ Reports
- Published
Kalshi’s market on the White House press secretary appointment settled after Katie Zacharia’s selection was reported and then confirmed by President Donald Trump on Oct. 9. The two reports also describe a small set of pre-announcement wagers and note that some withdrawal rules tied to the contract remain unclear.
Key claims & sources
What it means
Before the appointment was confirmed, the market had Katie Zacharia around 1%, and there were three bets positioned to pay out thousands if they settle successfully. In practice, that means the market allowed small wagers around an event that was still unconfirmed, while the later confirmation marks the point at which the posted pricing no longer reflected the pre-announcement setup.
Market reaction i
Coverage timeline
Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.
Crypto Briefing
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Where this sits in the Bitcoin series
| When | What happened | Figure |
|---|---|---|
| 1.1 years ago | BTC at $115,227 high | today it sits -34.3% from there |
| 4 months ago | BTC at $58,566 low | today it sits +29.3% from there |
From what we have stored, starting 1.1 years ago.