Kalshi just poached an analyst from the FBI. Tyler Neff, who previously worked in federal intelligence analysis, has joined the prediction market platform’s surveillance unit.
Neff will report to Robert DeNault, Kalshi’s head of enforcement, who came aboard in October 2025 after a career investigating white-collar crimes at the law firm White & Case.
Why a prediction market needs an FBI analyst
Prediction markets have a particular vulnerability that traditional exchanges share but rarely discuss openly: information asymmetry. When you’re betting on whether a policy will pass or a political event will unfold a certain way, the people closest to those decisions have an enormous edge.
In English: if someone with insider knowledge about a government decision places a large bet on Kalshi before the news breaks, that’s essentially insider trading. And regulators have started paying attention.
