Exchanges· ★★· bearish·

Kalshi's AI ad turned an Asian YouTuber into 'a white dude'

  • —Kalshi confirmed the ad was real and is reviewing its marketing agency relationship
  • —YouTuber Elliot Choy spotted his New York apartment video in the AI ad
  • —A second Pixar-style Kalshi ad drew criticism for glamorizing gambling
  • —Kalshi also denied wash trading allegations involving $5 billion in ETH perp volume
Why it matters: Kalshi faces mounting reputational risk over ad practices and manipulation claims, potentially eroding trust in prediction markets.
Source: Protos
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