Browsing: CFTC
New York resident William Koo Ichioka agreed to pay $36 million in a CFTC case alleging cryptocurrency and forex fraud.…
US appeals court judges peppered the CFTC and betting platform Kalshi’s lawyers with questions as the regulator bids to overturn…
A panel of judges grilled attorneys for the U.S. Commodity Futures Trading Commission and prediction-betting platform Kalshi over the company’s…
“That question involves (relates to, entails, has as its essential feature, or any other iteration of the word) elections, politics,…
“The election gambling contracts pose significant public interest risk,” the CFTC’s lead attorney said during Thursday’s hearing. “The Commission noted…
The regulator pleaded with the court to halt Kalshi’s political prediction markets for the duration of the CFTC’s appeal.
Ritchie Torres stated he is “more than happy” to work with the CFTC to develop a plan for regulating election…
Kalshi, which won a significant victory in court last week when a federal judge ruled its political prediction markets should…
“Appellee KalshiEx LLC (‘LLC’), knowing that this Court’s review was imminent, has raced to launch its election gambling contracts on…
A U.S. District Court has ruled in favor of the Kalshi prediction market, effectively approving betting on the presidential election’s…