Beni News & Prediction Market Coverage
Track the latest Beni news across prediction markets. Prediction News is following 3 active Beni stories across regulation, legal action, market moves, and platform developments, each clustered from original reporting and summarized for operators, traders, and regulators.
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Frequently Asked Questions
Who is Beni the trader criticizing Kalshi?
Beni is a quantitative analyst and co-founder of Stealth Neolab, described as a former quant trader based in Switzerland.
What did Beni allege about Kalshi's crypto volume?
Beni alleged Kalshi faked ETH-PERP volume, pointing to $539 million in 24-hour volume against $3.1 million open interest (174x ratio), repetitive $5,500 trades accounting for up to 58% of volume on some days, and CFTC rebate filings that could enable zero-cost trading.
Has Kalshi responded to Beni's allegations?
Kalshi's crypto lead disputed the claims, noting differences between prediction market and perpetual futures reporting conventions, and that the platform uses maximum potential payout for volume like Polymarket.
Is there any CFTC action related to Beni's Kalshi claims?
No CFTC enforcement action has accused Kalshi of wash trading in its crypto perpetual markets as of September 21, 2026.
Where can I find Beni's posts about Kalshi?
Beni posts on X as @beniduboss, including a September 2026 thread detailing the volume allegations.