Dossier
Andrew Freedman
Coverage of Andrew Freedman in the Nexus archive.
- Hedging a $15,000 New York Knicks bar tab on Kalshi
Andrew Freedman, owner of The Jeffrey, bet $5,000 on Kalshi to hedge potential losses from a free-drinks promotion tied to the New York Knicks winning the NBA Finals. Kalshi suggested the hedge after a prior promotion cost Freedman $3,700, and crypto firm Galaxy Digital separately made a $10 million wager on Kalshi.