Alex Miles

Finally, one of the moments I’ve been waiting for. YES, I did bet ~$100 on myself on Kalshi because I wanted to get caught… After discovering potential manipulation on polymarket in the NYC mayoral race (NY Post reported on this) I realized how rife with corruption kalshi is…I mean death markets…come on…. I wanted to see (1) if Kalshi would come after me and (2) what their path would be (also noting this is after Kalshi had reached out to me for marketing partnerships on multiple occasions)… I initially met with their compliance in February and then their first offer was to have me pay an ~$800 fine, take a year ban, AND be compelled to make a public statement… The First Amendment safeguards both the right to speak and the right to refrain from speaking. This foundational protection against compelled speech was established in West Virginia State Board of Education v. Barnette… After my refusal, they then increased their settlement to ~$6k, and most recently ~$16k in an effort to compel my speech (for a ~$100 bet on myself) so that they can take pressure off themselves and act like they are enforcing regulations…while getting PR…so I took that bet knowing it would lead to attention… Kalshi is currently being sued by many states for being an illegal betting market…we live in a Country destroyed by vice, which Kalshi directly contribute to - where we can’t afford homes or healthcare and are subjected to gambling away any money we have bc that’s all that’s left in this country that has been asset stripped by corporations. I traded $100 on myself, knowing this would happen (also knowing that I wouldn’t be vying for the democratic nomination) and the attention it would create to highlight how this company is destroying young men and as Senator I will go after Kalshi and impose significant penalties on them - 25% - a vice tax - to pay down our national debt Also ironic timing given that on DC subways, Kalshi has to run ads that they are a fair and legal betting market, bc they know heat is on them and the admin already chose their winner with polymarket… They know they’re fucked and trying to do the same thing the tobacco companies did…

Just a wild chart.

Venmo pushing gambling apps on its users: