Fake Wedgewood polls expose Kalshi settlement loophole on VoteHub data
- —Wedgewood admitted fabricating surveys on Oct. 20; VoteHub graded it D but still used the data
- —Kalshi's VoteHub contracts fix settlement at expiration and ignore post-expiration revisions
- —It remains unclear whether fake polls affected any settlement or can be reversed
- —In August a Kalshi contract moved about 2 cents after a fabricated LA mayoral poll
Why it matters: Prediction markets are courting corporate hedgers, but settlement on third-party data with no reversal path undermines trust in payouts.
Source: CryptoSlate