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Kalshi, the U.S.-regulated prediction market platform, announced that betting on death or assassination is illegal and voided contracts on the death of Iranian Supreme Leader Ali Khamenei. Meanwhile American lawmakers accuse 'people around President Trump' of 'profiting off war and death'
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No one predicted this outcome, although the fine print made the rules clear: after bets on the death of Iranian Supreme Leader Ali Khamenei reached a record turnover of half a billion dollars on crypto-based betting platform Polymarket and spilled over to other exchanges, Kalshi CEO Tarek Mansour announced that the exchange would not permit profits from death-related events.
