Kalshi Faces ‘fake crypto volume’ Allegations as Critic Flags Identical $5,500 Trades
Key Highlights Analyst Beni alleges wash trading on Kalshi’s ether perpetual market, citing repetitive $5,500 trade sizes accounting for up to 58% of volume across four days as “undeniable proof” of manipulation. The allegations center on a CFTC-filed rebate schedule allowing Self-Clearing Members to trade at net-zero fees via a 0.3-basis-point maker rebate offsetting a ...