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Astronomer CEO's ‘kiss cam’ controversy sparked over $7 million in prediction markets bets on his ouster

Astronomer CEO Andy Byron resigned after a video of him hugging his HR director on a kiss cam went viral. The incident sparked intense speculation and millions of dollars in bets on prediction markets like Kalshi and Polymarket, which accurately predicted his departure. The controversy generated a combined $7.7 million in trading volume across both platforms, making it a significant event in prediction market history.

Prepared by Christopher Adams and reviewed by editorial team.

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