Artem Kaptur, who used to edit videos for MrBeast, was fired from MrBeast’s company, Beast Industries, after being accused of using confidential information to illegally trade on the Kalshi prediction market.
You can often find unusual bets on gambling sites – things like what will happen on TV shows, who will win awards, or even election results. However, these sites rarely deal with social media trends. Companies like Kalshi and Polymarket have stepped in to fill that niche, positioning themselves as platforms where you can predict future events.
On February 25th, Kalshi reported suspending two users for breaking their platform rules. One of those users was Artem Kaptur, a video editor who works for MrBeast’s Beast Industries.
Jack Kaptur, who has worked on videos for MrBeast and his Beast Games show, is accused of trading about $4,000 worth of contracts related to MrBeast. Kalshi, the platform where the trading occurred, says they are dedicated to identifying and stopping anyone who tries to unfairly influence or cheat the system, according to Bobby DeNault, their Head of Enforcement and Legal Counsel.
Okay, so this is wild. Apparently, one of MrBeast’s video editors got caught up in some drama. It looks like they were using inside info to bet on Kalshi, which is a prediction market. MrBeast’s company, Beast Industries, is looking into it, and the editor already got hit with a $20,000 fine. It’s a messy situation, honestly, and I’m curious to see how it all plays out.
— TopMob (@TopMob) February 26, 2026
MrBeast employees warned over prediction markets
The video editor was also fined $20,000 by Kalshi, and suspended from his role at Beast Industries.
However, on March 4, Decrypt reported that he had been fired following an internal investigation.
According to Decrypt, the company announced Kaptur’s dismissal by email, highlighting their firm policy against inappropriate conduct related to prediction markets among employees.
After Kaptur was suspended, a Beast Industries representative stated to BBC News that the company does not accept this kind of behavior from anyone – whether participants on the show or their own staff.
Jeff Housenbold, CEO of Beast Industries, explained to CNBC’s Squawk Box that prediction markets are easily exploited because of the vast amount of available information.
Housenbold explained that when outside contractors work alongside employees on projects, it creates a risk: everyone involved gains access to confidential information that could be used for personal financial gain.
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2026-03-06 14:19