MrBeast Editor Banned From Kalshi for Insider Trading Using Intel on the Creator
An editor for MrBeast was found guilty Wednesday of insider trading on Kalshi, the popular predictive market app that allows users to bet on everyday happenings.
Artem Kaptur is accused of using proprietary information on MrBeast gathered during his time working for YouTube’s biggest creator to make approximately $4,000 in favorable bets. Kalshi said in a notice of disciplinary action filed Wednesday that he is banned from using the betting service for two years and fined for $20,397.58. The service also reported Kaptur to federal regulators at the Commodity Futures Trading Commission, or CFTC, for insider trading.
“The Kalshi Disciplinary Committee found that in August and September 2025, Kaptur violated the above rules in event contract markets related to a YouTube channel,” the notice reads. “Specifically, the Committee found reasonable cause to conclude Kaptur traded while employed by or legally affiliated with a Source Agency for “Mr. Beast” contracts, and that he traded on material, non-public information he obtained because of this employment.”
Kalshi also concluded that Kaptur “failed to cooperate with the investigation” ahead of Wednesday’s action.
A spokesperson for MrBeast did not immediately respond to TheWrap’s request for comment, but in a statement to NPR, which first reported the news, maintained Beast Industries’ “no tolerance” policy on insider trading.
“We have a longstanding policy in place against employees using proprietary company information in order to safeguard the highest standards and ethics throughout our organization,” the spokesperson.
NPR additionally noted that Beast Industries staffers are banned from betting on MrBeast-related markets — including everything from what MrBeast (birth name Jimmy Donaldson) will talk about his next video to when he might get married.
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