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Polling Firm Fabrication Raises Questions for Kalshi Contracts

Polling firm Wedgewood admitted fabricating most of its election polls, which were carried by VoteHub. VoteHub is also the data source for Kalshi contracts. Researchers at FiftyPlusOne found inconsistencies in Wedgewood's raw data, leading to a comparison survey through Pollfish. Kalshi's September 2025 regulatory filing names VoteHub as the source agency for recurring Kalshi contracts, stating that revisions to the underlying after expiration will not be accounted for in determining the expiration value. This raises questions about what happens to a settled contract when the polling data is later discredited.

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