Trump Jr. out as Kalshi advisor after his firm's big investment in Polymarket
Summary
Trump Jr. ended his advisory role with Kalshi after his venture firm invested in Polymarket, Kalshi's competitor. Kalshi said the move was mutual to avoid conflicts as both firms compete, and the piece notes that Trump Jr. may still hold equity in Kalshi. The article also covers regulatory and political scrutiny around prediction markets, including CFTC actions and concerns raised by lawmakers.