CFTC orders Kalshi to execute Prediction Markets trades in defiance of Michigan state court order
Last month the Michigan Attorney General’s office secured a court order, halting Kalshi’s sports wagers with Michigan residents.
Last month the Michigan Attorney General’s office secured a court order, halting Kalshi’s sports wagers with Michigan residents.
The CFTC will exercise its authority to stay the listing of a contract that would have allowed Chicago Mercantile Exchange to initiate 24/7 trading on crude oil futures.
The staff letter confirms that the perpetual contracts described in the letter may be categorized as foreign futures.
The CFTC today announced it has filed a complaint in the U.S. District Court for the Southern District of New York against Michele Spagnuolo.
The CFTC today filed a lawsuit against Minnesota to block a new state law that would make operating or assisting in the operation of a prediction market a criminal felony.
The CFTC today filed a lawsuit against Wisconsin in response to the state’s lawsuits against Kalshi, Polymarket, Crypto.com, Robinhood, and Coinbase.
New York Attorney General Letitia James and Governor Kathy Hochul have released the following statement in response to the federal government’s lawsuit.
The complaint alleges that Van Dyke, who is an active-duty service member in the U.S. Army, engaged in insider trading on Polymarket.com.
Fortini, while serving as an executive with Algo Capital LLC, misappropriated customer funds and made numerous misrepresentations.
The struggle among the various levels of financial regulation and lawmakers in the US is heating up on Prediction Markets.