The Hill's Rising Covers Moran Kalshi Story: 'Mark Moran SPEAKS OUT after Kalshi SUSPENDED, FINED Him for Betting on Himself'
FALLS CHURCH, VA - The Hill's Rising program covered Virginia Senate candidate Mark Moran's deliberate $100 bet on Kalshi and the platform's subsequent decision to suspend and fine him, publishing a segment on April 24, 2026 titled 'Mark Moran SPEAKS OUT after Kalshi SUSPENDED, FINED Him for Betting on Himself.' Rising is one of the most-watched political programs on YouTube, reaching an audience that spans the full ideological spectrum of Americans who have lost confidence in legacy media.
Watch on YouTube: Rising →Moran, a former Wall Street investment banker running as an independent against three-term incumbent Senator Mark Warner, explained to Rising's audience that the bet was a deliberate act designed to expose the absence of any federal law prohibiting a Senate candidate from betting on their own race. Kalshi's decision to suspend and fine him — voluntarily, under public pressure, with no legal obligation to do so — proved the point: the loophole is real, it is unregulated, and it will be exploited again unless Congress acts.
"As a former investment banker, placing a $100 bet on something that I knew was going to happen and already publicly reported happening — to me that is by definition not trading on insider information. I've been calling attention to prediction sites and the ability for them to essentially sway elections for the past two years. I was the first to call this out publicly."
, Mark Moran, Virginia Independent Candidate for U.S. Senate, April 2026
The Rising segment aired the same day as Moran's OAN Primetime appearance and one day after the NewsNation Elizabeth Vargas Reports segment, capping a week in which Wired, The New York Times, NBC News, People, NewsNation, The Hill, and OAN all covered the story. Moran has since announced the Democracy Protection Act, legislation he will introduce on the first day of his Senate term to permanently ban prediction markets from American elections, close the CFTC loophole, and impose criminal penalties on foreign nationals who use prediction markets to interfere in U.S. elections.
Full policy position: Democracy Protection Act →The Moran for Senate campaign takes no corporate PAC money and no foreign money. Contributions are processed through Shift4 at runwithmoran.com.
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