{ "id": 62233, "date": "2026-03-02T09:24:26", "date_gmt": "2026-03-02T02:24:26", "guid": { "rendered": "https:\/\/hbbgroup.net\/kalshi-founder-provides-update-on-irans-khamenei-market-carveout\/" }, "modified": "2026-03-02T09:24:26", "modified_gmt": "2026-03-02T02:24:26", "slug": "kalshi-founder-provides-update-on-irans-khamenei-market-carveout", "status": "publish", "type": "post", "link": "https:\/\/hbbgroup.net\/en_us\/kalshi-founder-provides-update-on-irans-khamenei-market-carveout\/", "title": { "rendered": "Kalshi founder provides update on Iran’s Khamenei market carveout" }, "content": { "rendered": "
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Tarek Mansour, the co-founder of prediction market Kalshi, provided an update, following the platform\u2019s decision to void some positions that were opened after the death of Iran\u2019s Supreme Leader Ayatollah Ali Khamenei was confirmed.<\/p>\n

\u201cWe don\u2019t list markets directly tied to death. When there are markets where potential outcomes involve death, we design the rules to prevent people from profiting from death. That is what we did here,\u201d Mansour said<\/a> in a post on X.<\/p>\n

Iranian state media reported<\/a> the death early Sunday, after an attack launched by Israel and the United States a day earlier.<\/p>\n

Kalshi is reimbursing all fees from the \u201cAli Khamenei out as Supreme Leader\u201d market, and will pay traders with positions open before Khamenei died according to the \u201clast-traded price before his death,\u201d Mansour said.\u00a0<\/p>\n

Additionally, users who opened positions after the death of Khamenei<\/a> were reimbursed the difference between the higher price paid for entry and the last traded price.<\/p>\n

\"Iran,
Source: <\/em>Tarek Mansour<\/em><\/a><\/figcaption><\/figure>\n

A Kalshi spokesperson told Cointelegraph that the platform\u2019s policy on not allowing \u201cdeath markets\u201d is clear and long-standing. <\/p>\n

The platform reiterated<\/a> the policy on Saturday, and Mansour said that the death carveout stipulations were clearly stated in the rules for the market. However, the decision sparked backlash from users online, who accused the platform of curtailing user profits. <\/p>\n

\"Iran,
The prediction market for the ouster of the Iranian Supreme Leader. Source: <\/em>Kalshi<\/em><\/a><\/figcaption><\/figure>\n

Related: <\/strong><\/em>Kalshi bans US politician over alleged insider trading violation<\/strong><\/em><\/a><\/p>\n

Suspicions of insider trading activity on prediction market platforms rise amid geopolitical tensions <\/h2>\n

In February, six traders on rival prediction market Polymarket netted about $1 million<\/a> betting that the US would initiate a strike on Iran before the end of the month. <\/p>\n

All six wallets were created in February, mostly bet on markets related to a strike on Iran, and some of the positions were filled hours before the first explosions were heard over the Iranian capital of Tehran, according to Bloomberg<\/a>.<\/p>\n

The trading patterns raised suspicion of insider trading activity among onchain investigators and analysts. <\/p>\n

In January, US President Donald Trump announced<\/a> that the individual who leaked information tied to the raid and capture of former Venezuelan President Nicol\u00e1s Maduro had been arrested by US law enforcement<\/a>.<\/p>\n

The comments fueled speculation<\/a> from onchain analysis platform Lookonchain that the leaker Trump was referencing may have been linked to winning bets on Polymarket placed shortly before the US raid in Caracas.<\/p>\n

Magazine: <\/strong><\/em>Astrology could make you a better crypto trader: It has been foretold<\/strong><\/em><\/a><\/p>\n