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New York Sues Kalshi for $36 Billion as Clash Between Federal Market Oversight and State Gambling Laws Escalates
#binaryOptionContracts #commodityExchangeAct #commodityFuturesTradingCommission #designatedContractMarket #kalshi #manhattanSupremeCourt #newYork #newYorkAttorneyGeneralLetitiaJames #poly
New York Sues Kalshi for $36 Billion as Clash Between Federal Market Oversight and State Gambling Laws Escalates
A legal battle in Manhattan Supreme Court is setting up a high-stakes test case for the future of financial prediction markets, as New York Attorney General
nile1.com
August 1, 2026 at 3:46 PM
nile11.bsky.social
Small Businesses Turn to Prediction Markets for Risk Hedging as States Move to Ban the Platforms
#cftc #commodityExchangeAct #derivatives #eventContracts #kalshi #predictionMarkets #riskManagement #stateRegulation
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Small Businesses Turn to Prediction Markets for Risk Hedging as States Move to Ban the Platforms
A California goat herder used a Kalshi event contract to hedge regulatory risk, highlighting how prediction markets are becoming risk-management tools for small businesses even as states move to ban t...
nile1.com
August 27, 2026 at 12:56 AM
fxcrypto24.bsky.social
Washington Court Orders Kalshi to Halt Most Prediction Market Contracts in the State

A Washington state judge has ordered Kalshi to stop offering prediction market contracts tied to sports, elections, politics, and other ca…

#cftc #commodityexchangeact #courtruling #gamblinglaw
Washington Court Orders Kalshi to Halt Most Prediction Market Contracts in the State
A Washington state judge has ordered Kalshi to stop offering prediction market contracts tied to sports, elections, politics, and other categories in the state, ruling that federal commodities law does not preempt Washington gambling law.
fxcrypto24.com
August 15, 2026 at 7:12 PM
nile11.bsky.social
CFTC Fines George Santos $35,000 for Manipulating Kalshi Bet on His Own SOTU Attendance
#cftc #commodityExchangeAct #commodityFuturesTradingCommission #georgeSantos #kalshi #predictionMarket #presidentTrump #stateOfTheUnion #tarekMansour
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CFTC Fines George Santos $35,000 for Manipulating Kalshi Bet on His Own SOTU Attendance
Federal regulators have fined former U.S. Representative George Santos $35,000 after finding he engaged in illegal manipulative trading on the prediction
nile1.com
August 3, 2026 at 6:54 PM
nile11.bsky.social
New York Sues Kalshi Over Unlicensed Gambling as CFTC Fights to Protect Federal Authority
#cftc #chainalysis #commodityExchangeAct #kalshi #letitiaJames #newYork #polymarket #predictionMarkets #solana
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New York Sues Kalshi Over Unlicensed Gambling as CFTC Fights to Protect Federal Authority
The State of New York has launched a major legal battle against Kalshi, accusing the prediction market operator of running an illegal, unlicensed gambling
nile1.com
July 31, 2026 at 10:22 AM
nile11.bsky.social
Federal Court Blocks Minnesota Law Criminalizing Prediction Markets Days Before Effective Date
#commodityExchangeAct #commodityFuturesTradingCommission #judgeKatherineMenendez #kalshi #keithEllison #polymarket #predictionMarkets #senateFile3432
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Federal Court Blocks Minnesota Law Criminalizing Prediction Markets Days Before Effective Date
U.S. District Judge Katherine Menendez issued a 44-page preliminary injunction blocking the enforcement of Senate File 3432 against federal contract markets.
nile1.com
July 28, 2026 at 9:10 AM