Bobby Allyn's Avatar

Bobby Allyn

@bobbyallyn

NPR correspondent covering tech Signal: ballyn.77 https://www.npr.org/people/638550790/bobby-allyn

22,730
Followers
1,099
Following
750
Posts
03.05.2023
Joined
Posts Following

Latest posts by Bobby Allyn @bobbyallyn

Preview
RISCH V KALSHI

Suit over the Khamenei death carveout claims Kalshi has "unclean hands and should not be permitted to invoke policies designed to prevent profiting from death to shield themselves from liability for a market that was, in substance, a trade on that very outcome"

www.documentcloud.org/documents/27...

06.03.2026 18:46 πŸ‘ 4 πŸ” 2 πŸ’¬ 0 πŸ“Œ 0

β€œYo brother, legal team confirmed that we can’t work with minors rn" is the best way to summarize this article, an impressively deep look at Kalshi and Polymarket's relentless nationwide campaign to recruit college students and get them hooked to prediction markets early.

06.03.2026 18:24 πŸ‘ 2 πŸ” 2 πŸ’¬ 0 πŸ“Œ 1
Post image

at least on β€œthe world’s largest prediction market” scuffle, the patent and trademark office will have to choose one winner eventually…

06.03.2026 16:15 πŸ‘ 3 πŸ” 1 πŸ’¬ 1 πŸ“Œ 0

Tarek has compared his beef w Shayne to the rivalry between Tom Brady & Eli Manning. Tarek strenuously avoids saying or writing the word β€œPolymarket”

An ex-Kalshi employee told me:

"Kalshi does hate getting confused for Polymarket, but when Polymarket is confused with Kalshi, it's good for them”

06.03.2026 15:06 πŸ‘ 10 πŸ” 2 πŸ’¬ 1 πŸ“Œ 0

When Shayne’s Manhattan apartment was raided by the FBI, Kalshi teamed up with influencers to make memes about it; Kalshi’s prediction market coalition never invited Polymarket; both companies have pending trademark applications for β€œthe world’s largest prediction market”

06.03.2026 15:05 πŸ‘ 10 πŸ” 1 πŸ’¬ 3 πŸ“Œ 0
Preview
2 young billionaires are behind the prediction market boom. They hate each other The 20-something billionaires who run Kalshi and Polymarket are battling it out to be the top prediction market company. Observers and former insiders say the feud is just heating up.

At the center of the prediction markets boom is a bitter rivalry between two 20-something billionaire fintech bros vying for their companies to be distinct, despite everyone constantly lumping them together

"For them, it's existential," a former Kalshi employee told me

www.npr.org/2026/03/06/n...

06.03.2026 13:50 πŸ‘ 52 πŸ” 19 πŸ’¬ 18 πŸ“Œ 28
Preview
Bettors wagered $54 million on Khamenei’s death. Now they’re not getting paid. Kalshi, a prediction market site, has sparked outrage after freezing $54 million in bets on the death of Iranian leader Ayatollah Ali Khamenei, citing a rule against profiting from death.

New: I talked to the traders who bet Khamenei would die.

One, an Israeli ex-pat, would've won $63,000 before Kalshi froze the bet: β€œI was booking my trip to Courchevel.”

β€œAmerican commercial immorality on steroids," @chrismurphyct.bsky.social told me

www.washingtonpost.com/technology/2...

04.03.2026 14:30 πŸ‘ 199 πŸ” 75 πŸ’¬ 8 πŸ“Œ 9
Preview
Israeli police investigate Polymarket user who correctly predicted Iran strikes The account named Magamyman has a history of accurately predicting Israeli attacks on Iran

Israeli police have now opened a criminal investigation into user Magamyman who bet on Iran strikes. Notably authorities in Israel have launched the only known prosecution of Polymarket traders www.middleeasteye.net/news/israeli...

02.03.2026 17:10 πŸ‘ 5 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
Preview
Israeli police investigate Polymarket user who correctly predicted Iran strikes The account named Magamyman has a history of accurately predicting Israeli attacks on Iran

Israeli police have now opened a criminal investigation into user Magamyman who bet on Iran strikes. Notably authorities in Israel have launched the only known prosecution of Polymarket traders www.middleeasteye.net/news/israeli...

02.03.2026 17:09 πŸ‘ 4 πŸ” 2 πŸ’¬ 0 πŸ“Œ 0
Preview
Prediction market trader 'Magamyman' made $553,000 on death of Iran's supreme leader It's the latest trade drawing scrutiny on the popular prediction market site for appearing to show an insider making profits on military secrets.

"Prediction markets are promoting opportunities to bet on events that can only be seen as a proxy for war or assassination," said former SEC chief of staff Amanda Fischer

www.npr.org/2026/03/01/n...

02.03.2026 03:52 πŸ‘ 9 πŸ” 6 πŸ’¬ 2 πŸ“Œ 0
Preview
Bets on Fate of Iran’s Khamenei Spark Uproar at Leading Prediction Markets Scrutiny focuses on whether Kalshi and Polymarket offered proxy bets on an assasination of Iran’s leader.

β€œSo this is more or less offering a proxy market on assassination,” Amanda Fischer, a former chief of staff at the Securities and Exchange Commission”

www.wsj.com/world/middle...

01.03.2026 20:49 πŸ‘ 19 πŸ” 14 πŸ’¬ 0 πŸ“Œ 2
Post image

a masterclass AND a textbook case? this post is giving written by Claude ngl

27.02.2026 22:30 πŸ‘ 42 πŸ” 2 πŸ’¬ 1 πŸ“Œ 3

It’s Trump admin again picking winners and losers.

Pentagon said this week that xAi is getting approved for use in classified settings when Anthropic’s Claude had been the first and only LLM that had this blessing etc.

27.02.2026 21:20 πŸ‘ 4 πŸ” 2 πŸ’¬ 3 πŸ“Œ 0

Sacks’ woke AI EO laid the groundwork for this, creating a framework against a nebulous bogeyman but in reality targeting one company

27.02.2026 21:17 πŸ‘ 5 πŸ” 2 πŸ’¬ 1 πŸ“Œ 0

Trump blacklisting Anthropic from all government contracts is *quite the gift* to David Sacks’ Craft Ventures, a huge investor in Musk’s xAI, which has been trying to elbow out other frontier labs for lucrative government work.

27.02.2026 21:12 πŸ‘ 49 πŸ” 13 πŸ’¬ 3 πŸ“Œ 2

Fun fact: Since Kalshi is a Designated Contract Market under the CFTC, they are essentially deputized with a legal superpower that allows them to issue fines, clawback profits and ban users. It’s an extraordinary level of self-regulation.

26.02.2026 04:55 πŸ‘ 6 πŸ” 2 πŸ’¬ 0 πŸ“Œ 0
Post image

SCOOP: A White House staffer appears to be operating the anonymous pro-Trump X account JohnnyMAGA with nearly 300,000 followers.

More here:
www.wired.com/story/a-whit...

25.02.2026 16:32 πŸ‘ 1845 πŸ” 677 πŸ’¬ 47 πŸ“Œ 53

A MrBeast spokesman: β€œWe have a longstanding policy in place against employees using proprietary company information in order to safeguard the highest standards and ethics throughout our organization,” adding that employees are banned from trading on prediction markets in MrBeast-related markets.

25.02.2026 16:44 πŸ‘ 9 πŸ” 0 πŸ’¬ 2 πŸ“Œ 0

Regulatory filing: kalshi-public-docs.s3.amazonaws.com/regulatory/n...

25.02.2026 16:21 πŸ‘ 6 πŸ” 0 πŸ’¬ 1 πŸ“Œ 0
Preview
Kalshi reveals insider trading case against editor for MrBeast With prediction markets booming, so have concerns about insider trading. Now, Kalshi has disclosed its first public actions against accounts suspected of trading on confidential information.

NEW: A video editor working for MrBeast is accused of trading on insider information on Kalshi, which has fined, suspended and reported the editor to federal regulators in the first public instance of the platform disclosing an insider trading investigation

www.npr.org/2026/02/25/n...

25.02.2026 16:01 πŸ‘ 180 πŸ” 46 πŸ’¬ 20 πŸ“Œ 28
Preview
Hegseth threatens to blacklist Anthropic over 'woke AI' concerns The company's Claude chatbot is one of the few AI systems cleared for use in classified settings. But a standoff between Anthropic and the Trump administration is putting its government work at risk.

Trying to process the Pentagon’s contradictory threats against Anthropic www.npr.org/2026/02/24/n...

25.02.2026 01:25 πŸ‘ 8 πŸ” 7 πŸ’¬ 1 πŸ“Œ 0

Reason why this is so head-spinning: If Anthropic doesn't back down by Friday, the Trump admin is basically saying it will either deem Anthropic national security essential OR a national security risk...

24.02.2026 23:28 πŸ‘ 20 πŸ” 5 πŸ’¬ 2 πŸ“Œ 0

It's been a confusing situation after the Amodei/Hegseth meeting. Initially the take-away was that the Pentagon would be canceling Anthropic's contract if it didn't bend to admin's demands, but then Pentagon officials said they will just use Anthropic tools against their will then blacklist them?

24.02.2026 22:11 πŸ‘ 25 πŸ” 5 πŸ’¬ 2 πŸ“Œ 1

A senior Pentagon official told NPR if Anthropic does not change its stance, it will invoke the Defense Production Act to compel Anthropic to be used as the Trump administration wishes "regardless of if they want to or not"

24.02.2026 21:36 πŸ‘ 47 πŸ” 14 πŸ’¬ 5 πŸ“Œ 7

NEW: Per source familiar with meeting: Hegseth threatened to terminate Anthropic’s $200M contract by Friday if it does not comply to Trump admin's terms. Amodei reiterated Anthropic’s red lines around AI- powered weapons and domestic surveillance.

24.02.2026 19:10 πŸ‘ 338 πŸ” 84 πŸ’¬ 16 πŸ“Œ 10
Preview
U.S. has a quarter fewer immigration judges than it did a year ago. Here's why The continued drain of personnel from the already strained immigration court system has contributed to depleted staff morale, mounting case backlogs β€” and floundering due process.

Immigration courts by the #’s:
- 25% less judges
- 400 less legal assistants + clerks
- 12 courts lost over half their judges, two have no full time IJs
- supervisors spread across several locations

We break down a clear picture of what is happening across the country:

www.npr.org/2026/02/23/g...

23.02.2026 16:12 πŸ‘ 14 πŸ” 6 πŸ’¬ 0 πŸ“Œ 0

but when there’s a high-profile trial in California it’s a funny thing right, because networks are scrambling to book guests when reporters are least available (in court reporting!) so filling that void are usually shameless self promoters with a ring light at the ready

21.02.2026 04:32 πŸ‘ 23 πŸ” 1 πŸ’¬ 0 πŸ“Œ 0
Post image

This did not happen. The judge issued a general warning about not recording with smart glasses, but she didn’t β€œupbraid” or call out Meta’s legal team

Bookers: Getting nuances like this right is why talking to reporters who actually witnessed something, not professional pontificators, is important

21.02.2026 04:10 πŸ‘ 313 πŸ” 54 πŸ’¬ 6 πŸ“Œ 1

the tail that wags the dog that caught the car

21.02.2026 02:29 πŸ‘ 9 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
Preview
A fake ICE tip line reveals neighbors reporting neighbors A Nashville comedian’s deportation hotline, set up as a joke, has gone viral among viewers who say it shows the β€œbanality of evil personified” in the U.S. immigration crackdown.

New: A comedian set up a fake ICE tip line as a joke. Then 100 calls flooded in: neighbors ratting on neighbors, a teacher reporting a kindergartener. Fans say the viral TikToks revealed deportation's "banality of evil." Conservatives say he should be in prison wapo.st/4kM4qbF

20.02.2026 12:02 πŸ‘ 8018 πŸ” 2997 πŸ’¬ 274 πŸ“Œ 618