Kalshi CEO Tarek Mansour defended on Sunday a bet tied to Iran’s Supreme Leader Ali Khamenei, who was killed in the joint U.S-Israeli strikes.

Bet Not Directly Tied To Death, Says Kalshi CEO

Mansour addressed the controversy on X after backlash over the “Ali Khamenei out as Supreme Leader?” prediction market, where critics accused the platform of enabling bets on a person’s death.

“We don’t list markets directly tied to death,” Mansour said. “When there are markets where potential outcomes involve death, we design the rules to prevent people from profiting from death. That is what we did here.”

Mansour defended the bet, arguing that leadership changes in Iran have a “major…

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