Business US
Kalshi freezes $54 million in bets on Khamenei’s death

When he learned Saturday about the killing of Iran’s Ayatollah Ali Khamenei, the Israeli-American business executive in New York was excited to cash in.
On the prediction-market site Kalshi, the executive — who spoke on the condition of anonymity due to concern over what his friends would think — had placed two bets, totaling $3,460, that Khamenei would be “out as Supreme Leader” by March or April 1. His Kalshi app placed green check marks next to his bets, indicating he’d won payouts worth more than $63,000.




