In short

• Beni reveals repeated trading of USD 5,500, accounting for half of the Kalshi ETH perp volume

• Kalshi denies market manipulation of volume, saying critics are confused between prediction markets and perpetual futures

• No legal proceedings have been announced by the CFTC regarding allegations of wash trading

Read the original story: why trading USD 5,500 that looks the same in thousands of transactions made Kalshi the focus of attention, by Lockridge Okoth at th.beincrypto.com