Kalshi CEO: Will refund fees related to the market on "Whether Hameini will step down"

CycleProphet · 2026-03-01T03:41:08+00:00

Kalshi CEO Tarek Mansour stated that the prediction market for Khamenei's death will not list items directly related to death and will establish rules to prevent users from profiting through death. He pledged to refund fees, and users who open positions before and after Khamenei's death will receive corresponding settlements and compensation to ensure they do not incur losses.

CycleProphet

2026-03-01 03:41:08

Abstract generation in progress

Deep Tide TechFlow News, on March 1st, Kalshi CEO Tarek Mansour posted on social media regarding the death of Iran’s Supreme Leader Khamenei and related prediction market events: “We will not list markets directly linked to death. When a market may result in death, we design rules to prevent people from profiting through death.”

Because Kalshi will take the following actions regarding the event “Khamenei stepping down as Supreme Leader”:

Refund all fees for that market;
If users opened positions before Khamenei’s death, settlement will be based on the last trading price before his death;
If users opened positions after Khamenei’s death, full cost will be reimbursed.

Tarek Mansour added, “No user will lose even one dollar on this market. We will settle the market at the last transaction price before Khamenei’s death, which was at 1:14 AM Eastern Time today.”

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