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Colchie caught and suspended three political candidates who bet on the outcomes of their own elections,

the prediction market company said in a statement on Wednesday, finding the three politicians

and issuing five-year bans from their platform. Minnesota State Representative Matt Klein,

a candidate running for the Democratic nomination for Minnesota's second district in the House

of Representatives, agreed to pay a $539.85 fine. Ezekiel Enriquez, a former candidate for the Republican primary

for a congressional district in Texas, was fined $784.20. Enriquez lost his race after the

primary elections in March. Both Klein and Enriquez bought less than $100 worth of contracts on their own

elections, according to Kalshys' filings, and both were also issued five-year suspensions.

Klein apologized and said he agreed to pay the penalty and accept the suspension. A representative

for Enriquez could not be immediately reached. Mark Moran, a Senate

candidate who was running in the Democratic primary for a Senate seat in Virginia and is now running as

...