Donald Trump Jr. has lost his lucrative gig at the prediction market Kalshi.
The 48-year-old's exit from the company comes as newly empowered Democrats have vowed to investigate President Donald Trump and his family's business dealings with the prediction industry and crypto markets.
However, a Kalshi spokesperson said Don Jr.'s departure was a response to his venture capital firm, 1789 Capital, increasing its stake in rival prediction market Polymarket.