Key Highlights: Companies in the prediction-market sector compete for users, trading volume, liquidity and market share. Donald Trump Jr. previously received an equity stake in Kalshi reportedly valued at about $300,000 when he joined the company as a strategic adviser. Democratic lawmakers are challenging prediction markets and the Commodity Futures Trading Commission’s defense of sports-related ...
Key Highlights: Kalshi has officially terminated Donald Trump Jr.’s contract as an advisor. The decision to part ways stems directly from Trump Jr.’s affiliations with competitor platform Polymarket. The move unfolds while prediction market operators face intensifying legal challenges from state regulators over illegal betting allegations. Kalshi Part Ways with Donald Trump Jr. Over Polymarket ...
Key Highlights: Democratic lawmakers are scrutinizing the White House’s ethics oversight following an insider-trading case involving a former staffer and event-contract platform Kalshi. Senator Elizabeth Warren raised concerns over Donald Trump Jr.’s advisory roles and business ties, noting the president’s family has deepened ties with the sector. Lawmakers including Senator Catherine Cortez Masto and Representative ...
Key Highlights Donald Trump Jr. and Kimberly Guilfoyle have reportedly not spoken in nearly two years following their split. Sources confirm the former couple has had zero contact since calling off their engagement in 2024. The relationship between the prominent political figures ended abruptly, leading to a complete cessation of communication. Donald Trump Jr. and ...
Key Highlights Insiders report that Kimberly Guilfoyle’s standing within Donald Trump’s political and personal circle has drastically deteriorated. A source directly stated that She’s done in Trump world, indicating a significant estrangement from the influential inner network. The former television personality and political operative is reportedly feeling embarrassed and ashamed amid the ongoing fallout. Insiders ...
Key Highlights Republican Senator John Curtis of Utah has defected from party lines to demand subpoenas for both Donald Trump Jr. and Hunter Biden, citing cryptocurrency ventures and foreign influence concerns. Curtis specifically alleges Trump Jr. attended a private island wedding after-party funded by a Putin-connected Russian oligarch, while also promoting family crypto projects and ...
Donald Trump Jr.’s venture capital firm, 1789 Capital, is leading a $1 billion funding round for prediction market Polymarket, valuing the company at $21 billion,…