Angela Woolsey is the site editor for FFXnow. A graduate of George Mason University, she worked as a general assignment reporter for the Fairfax County Times before joining Local News Now as the Tysons Reporter editor in 2020.
Three congressional candidates wagered on the outcome of their own elections on Kalshi, according to the prediction market, which said yesterday (Wednesday) that it fined and suspended the men from their platform for five years.
It is the latest high-profile case of alleged insider trading on prediction markets including Kalshi and Polymarket, which have brought bipartisan scrutiny from Congress and calls for stricter regulations of the websites where people can put money on just about anything.