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A Kalshi spokesperson said that the termination of the consultancy cooperation was the result of mutual agreement. Both the platform and Trump Jr. believe that while it is the main investor in rival Polymarket, there is a conflict of interest in continuing to let the president's son serve as Kalshi's advisor. According to a Kalshi spokesperson, the prediction market platform Kalshi has terminated the advisory contract with Donald Trump Jr., because its venture capital firm 1789 Capital also holds shares in rival platform Polymarket. The spokesperson stated that this was an arrangement agreed upon by both parties.
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A Kalshi spokesperson said that the termination of the consultancy cooperation was the result of mutual agreement. Both the platform and Trump Jr. believe that while it is the main investor in rival Polymarket, there is a conflict of interest in continuing to let the president's son serve as Kalshi's advisor. According to a Kalshi spokesperson, the prediction market platform Kalshi has terminated the advisory contract with Donald Trump Jr., because its venture capital firm 1789 Capital also holds shares in rival platform Polymarket. The spokesperson stated that this was an arrangement agreed upon by both parties.
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