Kalshi Rejects Crypto Volume Manipulation Claims After Market Maker Scrutiny

September 23, 2026

Kalshi has denied allegations of faking its crypto trading volume, clarifying that repeating trade patterns in Ether perpetuals stemmed from a designated market maker losing money to faster traders.
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Trade Size Anomaly Raises Questions Over Kalshi Ethereum Perpetual Market Volume

September 21, 2026

Public API data from Kalshi reveals that a single repeating trade size accounts for a major share of its Ethereum perpetual futures volume, sparking debates over market incentives and wash-trading concerns.
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