CFTC says court ‘erred at every turn’ in allowing Kalshi’s election markets
The district court judge overseeing betting market Kalshi’s suit against the United States Commodities Futures Trading ...
Election betting: Appeals court fast-tracks CFTC challenge to Kalshi political bets
The Commodity Futures Trading Commission opposes the offer of bets on political races offered in contracts by Kalshi and ...
CoinDesk4d
U.S. Election Betting: Federal Court 'Erred' in Letting Kalshi Launch Prediction Markets, CFTC Says
The regulator filed its opening brief in its appeals case to tamp down on political event contracts. Sign up for State of ...
Here’s Why Election Betting Activity Is Raising Eyebrows Ahead of Nov. 5 Vote
A sudden $30 million surge in election bets on a Trump win leads some observers to suspect an attempt to manipulate the election.
JD Supra12d
Place Your Bets, For Now: Kalshi’s Election Contract Market Goes Live After Court of Appeals Denies CFTC’s Motion to Stay
On September 12, 2024, Judge Jia Cobb of the U.S. District Court for the District of Columbia (the Court) formally issued a ...
Kalshi expands Trump, Harris election bet options, adds Senate races; CFTC objects
Kalshi so far has prevailed in its legal battle with the Commodity Futures Trading Commission on its offer of contracts for ...
Large bets in election prediction market are from overseas, source says
Four accounts on crypto-based prediction market Polymarket that placed large bets on former President Donald Trump winning ...
Mystery overseas account increases its Trump bids on Polymarket betting site
One of the four accounts on Polymarket that have fueled speculation over their large bets on a Trump election victory has ...
CoinTelegraph3d
CFTC says court ‘erred at every turn’ in allowing Kalshi’s election markets
The regulator argued the court “mistakenly erred” when considering important details on whether Kalshi should be allowed to list political event contracts. The CFTC said the court had ...