CFTC sues Kentucky over prediction markets amid regulatory battle Suswati Basu The Commodity Futures Trading Commission (CFTC) has taken Kentucky to federal court, accusing the state of overstepping its authority in a growing dispute over prediction markets and event-based contracts. A lawsuit filed June 23 in the U.S. District Court for the Eastern … Continue reading CFTC sues Kentucky over prediction markets amid regulatory battle
Kentucky class action lawsuit challenges Kalshi as alleged illegal gambling operations Suswati Basu A Kentucky man has filed a proposed class action against prediction market company Kalshi, accusing the platform of offering illegal gambling products to residents across the state. The lawsuit was filed Monday (May 11) in the U.S. District Court for … Continue reading Kentucky class action lawsuit challenges Kalshi as alleged illegal gambling operations
