Kalshi Ends Trump Jr. Advisership Amid Pressure Over Prediction-Market Ties
Donald Trump Jr. has left Kalshi as lawmakers intensify scrutiny of financial ties between the Trump family and digital-asset markets.
Donald Trump Jr. has left Kalshi as lawmakers intensify scrutiny of financial ties between the Trump family and digital-asset markets. This is an original Token Times brief synthesising 3 outlets (Bitcoin.com, Crypto Economy, BeInCrypto), plus live market data, as of Thu, 12 Nov 2026 23:00:01 UTC.
The exit places a political conflict-of-interest issue at the center of Kalshi’s advisory arrangements and Democratic efforts to examine broader Trump-family exposure to cryptocurrency and prediction markets.
- Kalshi ended Donald Trump Jr.’s advisory contract.
- Senators Warren and Merkley publicly raised potential conflicts.
- Trump Jr.’s firm invested in rival Polymarket.
- Polymarket TVL stands at $324.27 million.
Bitcoin.com, Crypto Economy and BeInCrypto all report that Kalshi ended Donald Trump Jr.’s advisory arrangement, with Bitcoin.com noting that Bloomberg first reported the departure. Crypto Economy attributes confirmation of the termination to a Reuters spokesperson and places it two days after senators Elizabeth Warren and Jeff Merkley publicly highlighted the Trump family’s financial ties and potential conflicts of interest. BeInCrypto adds a figure absent from the other summaries, saying Trump Jr. received $300,000 in shares in a company it describes as now valued at $22 billion. Beyond that valuation and compensation detail, the outlets agree on the timing and political scrutiny, without identifying a numerical disagreement.
Donald Trump Jr. has ended his advisory position with prediction-market platform Kalshi. 
Bitcoin.com, citing Bloomberg as the first outlet to report the development, said the departure followed a major investment by Trump Jr.’s firm in competing platform Polymarket. Crypto Economy separately reported that Kalshi terminated the contract and attributed confirmation of the decision to a Reuters spokesperson.
The change came shortly after U.S. senators Elizabeth Warren and Jeff Merkley drew attention to the financial relationships involving the president’s son. Crypto Economy said the senators raised the Trump family’s ties to digital assets and prediction markets two days before Kalshi confirmed the termination, placing the advisory role within an emerging conflict-of-interest debate rather than an isolated personnel change.
The three publications corroborate the central event: Trump Jr. is no longer advising Kalshi, and the move followed public attention from Democratic senators. Their reporting differs in supporting detail. Crypto Economy provides the 48-hour sequence and the Reuters confirmation, while BeInCrypto says Trump Jr. received $300,000 in shares in a company now valued at $22 billion. Bitcoin.com focuses more heavily on the Polymarket investment and Bloomberg’s original reporting.
Polymarket is the rival linked to the investment behind the controversy, although none of the supplied summaries specifies the investment’s size. The market platform held $324.27 million in total value locked as verified by DeFiLlama, a 1.2% decline over seven days. That figure measures capital committed to the platform; it is separate from the $22 billion company valuation cited only by BeInCrypto and should not be treated as the same metric.
The broader digital-asset market was under pressure during the report. Total crypto market capitalization stood at $2.46 trillion, the overall market was broadly lower, and Bitcoin was down 3.94% over 24 hours, while the Fear & Greed index registered 28, indicating fear. No specific coin is directly identified in the development. The immediate issue to watch is whether senators’ inquiry expands beyond Trump Jr.’s former Kalshi role to the family’s wider commercial interests, while Kalshi and Polymarket navigate the political scrutiny surrounding prediction markets and related assets.
Figures and sectors in this story, checked live against on-chain aggregators · November 12, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Kalshi Ends Trump Jr. Advisership Amid Pressure Over Predict — questions & answers
What role did Donald Trump Jr. hold at Kalshi?
Donald Trump Jr. served as an adviser to Kalshi. The platform ended that advisory contract, according to all three outlets.
Which senators raised the Trump family’s ties?
U.S. senators Elizabeth Warren and Jeff Merkley publicly highlighted the family’s financial relationships and potential conflicts of interest.
How large was Polymarket’s verified TVL?
DeFiLlama reported $324.27 million in Polymarket TVL, down 1.2% over seven days.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Bitcoin.com, Crypto Economy, BeInCrypto, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.