“If the buying and selling quantities to any one among these species of election or market manipulation, then additionally it is more likely to artificially skew the pricing of contracts in a means that’s divorced from election ‘fundamentals,’ thus creating volatility that may undoubtedly hurt many smaller retail buyers who’ve positioned their very own bets,” Higher Markets mentioned, urging the U.S. Courtroom of Appeals to overturn a decrease court docket’s resolution that freed Kalshi to supply election markets.
