Kalshi hires former FBI agent to bolster anti-money-laundering efforts

Kalshi has hired Sean Fern, a former FBI agent, to help the prediction market platform combat money laundering. Fern will work with law enforcement, regulators, and senior staff at Kalshi to monitor suspicious and potentially criminal activity. The hire comes as regulated prediction market platforms face heightened scrutiny over financial crime controls.

Shows Kalshi investing in compliance infrastructure as it scales, a signal that CFTC-regulated platforms are treating AML as a competitive priority as trading volumes grow.